Clearlake Capital and Motive Partners completed the acquisition of BETA+ from London Stock Exchange Group.

Clearlake Capital and Motive Partners, two private investment firms, completed the acquisition of BETA+, a wealth technology platform, from London Stock Exchange Group, a stock exchange and financial information company. Financial terms are not disclosed. “We are excited to back the BetaNXT leadership team to scale the business and build a differentiated platform in the wealth management industry. We look forward to executing on a buy-and-build growth strategy to continue to scale BetaNXT’s existing offerings and enter new high-growth markets,” Behdad Eghbali, Clearlake Co-Founder and Managing Partner, and James Pade, Clearlake Partner and Managing Director.