Clearlake Capital and Motive Partners-backed BetaNXT completed the acquisition of Mediant Communications.

Clearlake Capital and Motive Partners-backed BetaNXT, a provider of wealth management infrastructure software with real-time data capabilities and an enhanced advisor experience, completed the acquisition of Mediant Communications, a provider of investor communications technology and technology-enabled solutions to banks, brokers, corporations, funds, and investment managers. Financial terms were not disclosed. “BetaNXT’s culture, vision, and client base made the combination an intriguing opportunity for Mediant’s next phase of growth. We look forward to working alongside the BetaNXT team to grow our combined company together and better serve our clients,” Arthur Rosenzweig, Mediant Communications CEO.