TSCP-backed Silverchair to acquire ScholarOne from Clarivate.

TSCP-backed Silverchair, an independent hosting platform partner for scholarly and professional publishers, agreed to acquire ScholarOne, an online submission system which facilitates your journal's peer review activity, from Clarivate, a global provider of transformative intelligence. Financial terms were not disclosed. "For over 30 years, Silverchair has served the needs of publishers as an independent and unconflicted technology partner. We believe that innovation and technology can help fulfill the promise of scholarship, and we will make substantial investments in ScholarOne to meet the needs of the research community. This acquisition was part of Founder Thane Kerner’s long-term vision for Silverchair, and I’m pleased to bring it to fruition with the strong support of Thompson Street Capital Partners," Will Schweitzer, Silverchair CEO.