{"id":2871,"date":"2021-03-29T15:57:48","date_gmt":"2021-03-29T19:57:48","guid":{"rendered":"https:\/\/solutionsreview.com\/data-management\/?p=2871"},"modified":"2021-03-30T12:41:29","modified_gmt":"2021-03-30T16:41:29","slug":"clearlake-and-ta-associates-acquire-data-integrity-vendor-precisely","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/data-management\/clearlake-and-ta-associates-acquire-data-integrity-vendor-precisely\/","title":{"rendered":"Clearlake and TA Associates Acquire Data Integrity Vendor Precisely"},"content":{"rendered":"
\"Clearlake

Source: Precisely<\/p><\/div>\n

Data integrity platform provider Precisely recently announced that it will be acquired by Clearlake Capital Group and TA Associates, according to a press release<\/a>. Precisely CEO Josh Rogers will continue to lead the company alongside the current management team. Once the transaction is complete, Clearlake and TA Associates will become the majority shareholders in Precisely. The announcement comes on the heels of Syncsort re-branding as Precisely<\/a> from May 2020. Current majority shareholder Centerbridge Partners will retain a minority stake in the firm.<\/p>\n

Our Buyer’s Guide for Data Management Platforms<\/em><\/a> helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/div><\/p>\n

Precisely\u2019s solution portfolio is broken into five distinct categories based on the use case.\u00a0Integrate<\/em><\/a>\u00a0is its data integration line that features Precisely Connect, Ironstream, Assure, and Syncsort. The\u00a0Verify<\/em>\u00a0unit<\/a>\u00a0of data quality tools includes Precisely Spectrum Quality, Spectrum Context, and Trillium. The\u00a0location intelligence line<\/a>\u00a0(Locate<\/em>) touts Precisely Spectrum Spatial, Spectrum Geocoding, and MapInfo, while Enrich<\/em><\/a>\u00a0features Precisely Streets, Boundaries, Points Of Interest, Addresses, and Demographics. There\u2019s also Precisely Engage on the company\u2019s\u00a0Engage<\/em>\u00a0unit<\/a>.<\/p>\n

In a media statement on the news, Precisely CEO Josh Rogers said “Clearlake and TA Associates have experience partnering with software companies like Precisely that solve complex, critical business challenges and driving accelerated growth through operational best practices and M&A strategies to help them maximize their potential. I am excited to begin this next phase in the Company\u2019s evolution with our long-time partners at Clearlake and am thrilled to welcome TA and their expertise to the team. I also want to thank Centerbridge Partners for their guidance and support over these past four years, and I am delighted they will continue as a minority investor in Precisely.”<\/p>\n

Read Gearing Up for the Next Phase of Growth at Precisely with New and Familiar Backers<\/em><\/a> in the company’s blog to learn more about the transaction.<\/p>\n

<\/div><\/p>\n

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\"Download<\/a><\/div>\n\t\t<\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"

Data integrity platform provider Precisely recently announced that it will be acquired by Clearlake Capital Group and TA Associates, according to a press release. Precisely CEO Josh Rogers will continue to lead the company alongside the current management team. Once the transaction is complete, Clearlake and TA Associates will become the majority shareholders in Precisely. […]<\/p>\n","protected":false},"author":23,"featured_media":2872,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[1000,998,997,746,244,999],"acf":[],"yoast_head":"\nClearlake and TA Associates Acquire Data Integrity Vendor Precisely<\/title>\n<meta name=\"description\" content=\"Data integrity platform provider Precisely has announced that it will be acquired by Clearlake Capital Group and TA Associates.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/data-management\/clearlake-and-ta-associates-acquire-data-integrity-vendor-precisely\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clearlake and TA Associates Acquire Data 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