symplr, a specialist in enterprise healthcare operations including governance, risk management, and compliance (GRC) SaaS solutions, backed by Clearlake Capital Group and Charlesbank Capital Partners, has completed its acquisition of Midas Health Analytics Solutions (Midas) from Conduent Incorporated (Conduent).
The acquisition of Midas represents symplr’s 15th acquisition in the past six years, and its tenth under sponsorship from Clearlake since November 2018.
Additionally, in January 2022, Clearlake and symplr announced new and follow-on capital via a Clearlake-managed single asset vehicle fund, providing symplr with access to approximately USD1.6 billion in equity capital.