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New Deal


Announced

Completed

Gemspring completed the acquisition of ClearCompany.

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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human capital management software

United States

Software

Acquisition

Domestic

Private Equity

Completed

Single Bidder

Private

Majority

Friendly

Synopsis

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Gemspring, a middle-market private equity firm, completed the acquisition of ClearCompany, a provider of human capital management software. Financial terms were not disclosed. "ClearCompany is at an exciting inflection point, and we are thrilled to partner with Gemspring to pursue a number of compelling growth opportunities. Gemspring's extensive strategic and operational experience in scaling software companies make them the ideal partner to support our business as we build out our customer base, expand product offerings, and strengthen our partnerships." Andre Lavoie, ClearCompany CEO and Co-Founder.

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