Clearlake Capital to sell Brightly Software to Siemens in $1.875bn deal
Clearlake Capital Group is to sell Brightly Software to Siemens AG (Siemens) (FRA:SIE) for $1.575 billion of upfront cash consideration, along with $300 million in cash earn-out payments, for a total of $1.875 billion. The transaction is expected to close in the second half of 2022 and is subject to