Announced
Completed
Financials
Tags
Domestic
Majority
Private Equity
Software
software development
United States
Acquisition
Private
Single Bidder
Friendly
Completed
Synopsis
Clearlake Capital, an investment firm focused on private equity and special situation transactions, completed the acquisition of Confluence, a global software and data solutions provider, from TA Associates, a private equity firm, for $900m. "This investment is a testament to our remarkable growth, innovative solutions, and incredible team. The 2019 acquisition of StatPro exponentially broadened and deepened our platform to offer an extensive set of solutions across the investment lifecycle. With the support of our new equity investor Clearlake, we will further accelerate our ongoing global expansion as we continue to work with our clients to achieve their goals," Mark Evans, Confluence CEO.
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