Clearlake Re-Acquires Precisely In $3.5 Billion Deal
March 8, 2021 Alex Woodie
Clearlake Capital Group has regained a controlling interest in Precisely, the company it sold four years ago to another private equity firm called Centerbridge Partners. This time around, Precisely is a significantly bigger company, with a valuation of $3.5 billion and 12,000 customers.
You almost need a flowchart to graph the on-again, off-again state of Clearlake’s ownership of Precisely and two companies that came before it, Syncsort and Vision Solutions. But we’ll do the best we can using words.
To recap: In 2015, Clearlake takes a controlling interest in Syncsort, a Pearl River, New York-based provider of data integration solutions …
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