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New Deal


Announced

Levine Leichtman Capital Partners to invest in cleversoft.

Financials

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Transaction Value-
Consideration TypeCash
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Acquisition

mission-critical regulatory software

Friendly

Pending

Software

Germany

Single Bidder

Private

Private Equity

software development

Cross Border

Majority

Synopsis

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Levine Leichtman Capital Partners, a global private equity firm, agreed to invest in cleversoft, a pan-European provider of mission-critical regulatory software solutions to the financial services industry. Financial terms were not disclosed. "We are thrilled to partner with Florian and his leadership team to support cleversoft as the Company continues to aggressively scale worldwide, both organically and through select acquisitions. As LLCP’s first platform investment in the DACH region since opening our Frankfurt office last year, this is a crucial moment in the continued development of our business in Europe," Matthias Tabbert, LLCP Head of DACH.

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