Clearlake Capital completed the majority investment in ModMed.

Clearlake Capital, a private equity firm, completed the majority investment in ModMed, a provider of specialty-specific healthcare SaaS technology. Financial terms were not disclosed. "Clearlake's investment in ModMed is an exciting and important step in our company's evolution. Throughout our conversations, Clearlake has expressed confidence in our team and strategic direction. With their experience in driving growth through innovation and expansion, we will continue our efforts to advance practice solutions and expand our ability to further transform the patient-provider experience," Joe Harpaz, ModMed Co-Chief Executive Officer.