Clearlake Capital Group (Clearlake) and Motive Partners (Motive) have entered into a definitive agreement to acquire the BETA+ assets from London Stock Exchange Group (LSEG), which encompasses the assets of BETA (securities processing, custody, clearing, and asset servicing technology), Maxit (cost and tax basis reporting software), and Digital Investor (front-end client solutions), collectively referred to as BETA+.
Additionally, Clearlake and Motive Partners have simultaneously formed a long-term strategic partnership with LSEG, in which LSEG will provide content, data, and tools to BETA+ and the Sponsors’ other portfolio companies.
