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Announced

Completed

Clearlake Capital-backed Provation completed the acquisition of iProcedures.

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

Single Bidder

anesthesia documentation

Private Equity

Friendly

Acquisition

Software

Private

Majority

United States

data management software

Completed

Synopsis

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Clearlake Capital-backed Provation, a software and SaaS provider of procedure documentation and clinical decision support solutions, completed the acquisition of iProcedures, a provider of cloud-based anesthesia documentation and perioperative data management software solutions. Financial terms were not disclosed. "We are very excited to welcome the iProcedures team to our Provation family. We know what it takes to build a trusted brand and industry-leading software solutions that improve patient care and outcomes," Daniel Hamburger, Provation CEO.

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