Clearlake Capital-Backed Provation to be Acquired by Fortive

Clearlake Capital Group agreed to sell Provation, a provider of software and SaaS-based clinical productivity and workflow automation solutions for healthcare customers, to Fortive. The transaction is expected to close by the end of the year.

Clearlake invested in Provation in March 2018 through a carve-out acquisition from Wolters Kluwer and subsequently expanded the organization significantly. Read more

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