Clearlake Capital and TA Associates Close Acquisition of Automation Software Provider Kofax.
MANews-(C)2009-2022
California-based investment firm Clearlake Capital Group, L.P. and private equity firm TA Associates have closed the acquisition of 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.
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, Jefferies LLC, Arma Partners and Credit Suisse are...
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