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Announced

Completed

Clearlake Capital and SkyKnight Capital-backed symplr completed the acquisition of TractManager from Arsenal Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

healthcare technology

Software

Single Bidder

Private Equity

Private

Acquisition

Friendly

United States

Majority

Completed

Synopsis

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Clearlake Capital and SkyKnight Capital-backed symplr, a global healthcare governance, risk management, and compliance software-as-a-service platform, completed the acquisition of TractManager, a provider of healthcare technology services, from private equity firm Arsenal Capital Partners. Financial terms were not disclosed. "TractManager's cloud solutions bring powerful new capabilities to our customers' connected GRC enterprise, enabling additional insights to drive improved quality of care and financial performance. Our expanding, end-to-end SaaS platform is a one-of-a-kind single source of truth for GRC-related data for providers, payers, and health systems," Rick Pleczko and Tres Thompson, symplr CEO and COO.

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