Announced
Completed
Financials
Tags
United States
Majority
Private
Completed
Domestic
Single Bidder
Software
Acquisition
Private Equity
cloud-based knowledge management
Friendly
Synopsis
Clearhaven Partners-backed TimeTrade Systems, the category creator in enterprise appointment scheduling software, completed the acquisition of SilverCloud, a provider of customer and knowledge management software for financial institutions. Financial terms were not disclosed. "TimeTrade's acquisition of SilverCloud reflects Clearhaven's continued belief in the importance of technology solutions to reduce friction in the interaction between a business and its constituents and to enable seamless customer experience. SilverCloud is a high-quality SaaS business with a loyal customer base and a complementary solution set that optimizes customer and employee experience. The acquisition is an ideal strategic fit for TimeTrade," Michelle Noon, Clearhaven Partners Managing Partner and Co-Founder and TimeTrade Chairman of the Board.
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