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New Deal


Announced

Completed

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

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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Majority

Friendly

Private

Acquisition

Cross Border

United Kingdom

wealth technology

Online and Social Platforms

Private Equity

Completed

Synopsis

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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.

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