Clearlake Capital and TA Associates to Acquire Automation Software Provider Kofax.
MANews-(C)2009-2022
California-based investment firm Clearlake Capital Group, L.P. and private equity firm TA Associates have agreed to acquire California-based Intelligent automation software provider Kofax from US-based investment firm Thoma Bravo, the company said.
Financial terms of the transaction were not disclosed. The transaction is expected to close in the third quarter of 2022, pending customary closing conditions. Upon closing of the transaction, Clearlake and TA will become majority shareholders in Kofax.
Kofax is a supplier in the process automation market, supporting more than 25,000 customers across diverse industries worldwide.
Kofax combines robotic process automation, cognitive capture, process orchestration, mobility, engagement and analytics to ease implementations and generate more efficient outcomes.
J.P. Morgan...
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