Fortive completed the acquisition of Provation from Clearlake for $1.43bn.

Fortive, an American diversified industrial technology conglomerate company, completed the acquisition of Provation, a provider of software and SaaS-based clinical productivity and workflow automation solutions, from Clearlake, a private equity firm, for $1.43bn. "This is a very exciting day in the history of Provation. The strategic transformation and journey we've gone through in the past couple of years, with the guidance of Clearlake, has been tremendous and set us up for continued growth. We are exceptionally proud and grateful to Clearlake for the work we've done together. We have an amazing customer base and as we continue to focus on serving them, Fortive will be the perfect home for us. Fortive's commitment to culture, growth, and operational discipline will allow us to continue delivering on our Purpose: to empower Providers to deliver quality healthcare for all," Daniel Hamburger, Provation CEO.