Announced
Synopsis
Clearlake and TA Associates-backed Precisely, a database software, agreed to acquire Infogix, a multinational data controls and analytics software company, from Thoma Bravo, a private equity firm. The transaction is expected to close in the second quarter of 2021 pending customary regulatory approvals and closing conditions. Financial terms were not disclosed. “As companies seek to position and differentiate themselves for the digital era, they quickly realize that success requires trusted data. Precisely provides that foundation with maximum accuracy, consistency and context so businesses can make confident data-driven decisions. Infogix is a perfect fit for Precisely, with highly complementary data quality products and services, and a leading data governance solution that our customers have been seeking," Josh Rogers, Precisely CEO.
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