Private equity firms Clearlake Capital Group, TA Associates and Intermediate Capital Group agreed to acquire a majority stake in Precisely, a global software company specializing in Big Data, high-speed sorting products, data integration data quality, data enrichment, and location intelligence offerings, from Centerbridge Partners for $3.5bn. “We believe Precisely is uniquely positioned to meet enterprise customers’ urgent need for secure, trusted, accurate and reliable data both on-premises and in the cloud as they rapidly adopt data integrity software solutions to help support mission-critical business use cases across increasingly disparate data repositories,” Harry Taylor and Michael Libert, TA Associates Managing Director and Principal.