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New Deal


Announced

Completed

Clearlake Capital completed the acquisition of nThrive's technology division.

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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United States

Acquisition

SaaS platform

healthcare revenue cycle management

Domestic

revenue cycle management

Software

Majority

Friendly

Private

Single Bidder

Private Equity

Completed

Synopsis

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Clearlake Capital completed the acquisition of the technology division of nThrive, an independent patient-to-payment solutions company. Financial terms were not disclosed. "We are excited to partner with Clearlake in our next stage of growth as an independent company. Through this partnership, Clearlake will bring fresh capital and perspectives from their experience working with other high-performance SaaS companies. Through both organic and inorganic growth strategies, I believe this partnership will help position nThrive Technology as a market leader in the revenue cycle technology space, delivering innovation for our healthcare customers and users," Sloan Clardy, nThrive CEO.

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