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New Deal


Announced

Clearlake and TA Associates-backed Precisely to acquire PlaceIQ.

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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Pending

Private Equity

Single Bidder

Private

Friendly

United States

data provider

Data Centers and Hosting

Acquisition

Domestic

Majority

Synopsis

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Clearlake and TA Associates-backed Precisely, a data integrity software provider, agreed to acquire PlaceIQ, a data and technology provider. Financial terms are not disclosed. “Enterprises today are looking to make better decisions through data they can trust. Precisely offers a unique combination of software and data solutions to help companies achieve data integrity and improve decision making. The addition of PlaceIQ’s location data to our portfolio deepens that value proposition by providing our customers with market-leading data on consumer behavior. We look forward to accelerating PlaceIQ’s decade of innovation, offering new ways for enterprises to improve the accuracy, consistency and context of their data," Josh Rogers, Precisely CEO.

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