Clearlake Readies Potential $1.4B-Plus Sale of Provation Medical

Clearlake Capital is gearing up for a sale of Provation Medical, a provider of healthcare software and SaaS solutions for clinical productivity, PE Hub reports.

William Blair and Credit Suisse have been appointed for sell-side financial advice, with a process poised to launch this fall.

The Los Angeles-based PE firm carved out the business from Netherlands-based Wolters Kluwer in 2018 for $180 million in cash. Read more.

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