Clearlake Capital-backed Dude Solutions completed the add-on of Confirm from Precisely. Terms of the deal were not disclosed. The acquisition is Dude Solutions eighth in the past six years, and its second under Clearlake’s ownership.
Dude Solutions, the leading SaaS provider of cloud-based operations management software, backed by Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”), today announced that it has completed the acquisition of Confirm® from Precisely. Terms of the transaction were not disclosed.
Confirm software enables public sector organizations to deliver critical infrastructure services, maximize operational efficiencies and leverage internet of things (“IoT”) technology to unlock smart applications and use cases. The addition of Confirm broadens the Dude Solutions product portfolio serving public sector clients, offering smart city solutions that help organizations implement strategies to extend asset lives, increase citizen responsiveness and optimize mobile workforces. The acquisition also extends Dude Solutions’ presence geographically in both EMEA and APAC.
“Dude Solutions’ acquisition of Confirm brings together global expertise in the strategic asset and operations management industries, as well as world-class products and solutions for government clients,” said Kevin Kemmerer, Dude Solutions Chief Executive Officer. “We are excited to add the veteran Confirm team, platform and services, which offers councils and governments an unmatched product platform for smart infrastructure asset management. Together with Confirm, we look forward to delivering the most innovative solutions as we serve the unique and evolving needs of our clients.”
The acquisition of Confirm reflects the commitment by Dude Solutions to accelerate growth through product innovation and strategic acquisitions. It represents the company’s eighth acquisition in the past six years, and its second under sponsorship from Clearlake.
“Confirm is a natural complement to the Dude Solutions platform with a suite of leading software solutions that help governments extend the useful lives of assets,” said Prashant Mehrotra, Partner and Managing Director, and Paul Huber, Principal, of Clearlake. “Confirm has demonstrated a unique ability to deliver long lasting value to asset custodians around the world and we look forward to transforming the way that infrastructure is managed through our combined product offerings.”
About Dude Solutions
Dude Solutions is a leading software-as-a-service (SaaS) provider of operations management solutions to education, government, healthcare, senior living, manufacturing and membership-based organizations. For nearly two decades, Dude Solutions has inspired clients to create better work and better lives. We combine innovative, user-friendly technology with the world’s smartest operations engine, empowering operations leaders to transform the most important places in our lives. Today, more than 12,000 organizations use our award-winning software to manage maintenance, assets, energy, safety, IT, events and more. For more information, visit www.dudesolutions.com.
About Clearlake Capital
Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are technology, industrials and consumer. Clearlake currently has approximately $25 billion of assets under management and its senior investment principals have led or co-led over 200 investments. The firm has offices in Santa Monica and Dallas. More information is available at www.clearlake.com and on Twitter @ClearlakeCap.
Precisely is the global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 90 percent of the Fortune 100. Precisely’s data integration, data quality, location intelligence, and data enrichment products power better business decisions to create better outcomes. Learn more at www.precisely.com.