PE Deals

Debt resolution services provider ClearOne snags investment from Comvest

The investment will be used to back ClearOne's growth initiatives.

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  • Comvest has been a capital provider to ClearOne since 2017
  • ClearOne was founded in 2008
  • Based in West Palm Beach, Florida, Comvest invests in the middle market

Comvest Partners has made an investment in ClearOne Advantage, a Baltimore-based debt resolution services provider. No financial terms were disclosed.

The investment will be used to back ClearOne’s growth initiatives.

Comvest has been a capital provider to ClearOne since 2017.

ClearOne was founded in 2008.

“We believe ClearOne is well-positioned to capitalize on the significant industry tailwinds for debt relief services and execute on its strategic plan,” said Greg Reynolds, a partner at Comvest in a statement. “We are excited to further advance our ongoing relationship with ClearOne.”

Based in West Palm Beach, Florida, Comvest invests in the middle market. Comvest manages more than $9.5 billion in assets.