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Synopsis
TA and Clearlake Capital-backed Kofax, a supplier of intelligent automation software for digital workflow transformation, completed the acquisition of Ephesoft, a provider of intelligent document processing solutions. Financial terms were not disclosed. “We’re pleased to welcome Ephesoft’s customers, partners and employees into the Kofax family. We’ve followed Ephesoft’s progress in market for years as we’ve both focused on helping customers digitally transform their businesses. This acquisition extends our IDP solutions and cloud capabilities, allowing Kofax to better address the needs of customers around the world," Reynolds C. Bish, Kofax CEO.
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