Clearlake Capital-backed symplr completed the acquisition of HealthcareSource from Francisco Partners for $452m.

Clearlake Capital-backed symplr, a provider of enterprise healthcare operations including governance, risk management, and compliance SaaS solutions, completed the acquisition of HealthcareSource, a software provider of talent management solutions and services specifically for the healthcare industry, from Francisco Partners, a global investment firm, for $452m. "As a result of the pandemic and healthcare's unprecedented labor shortage, talent acquisition, development, and retention have become mission critical for health systems and hospitals. symplr's ability to combine HealthcareSource's software solutions with our world class time and attendance and scheduling solution will create unparalleled value for our customers," BJ Schaknowski, symplr CEO.