Motive Partners & Clearlake Capital Invest for Growth in Next Generation SaaS Wealth Solutions Platform with InvestCloud
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NEW YORK and LOS ANGELES, Feb. 2, 2021 /PRNewswire/
Motive Partners ( Motive ), a specialist private equity firm focused on growth and buyout investments in enterprise financial services software companies, and
Clearlake Capital Group, L.P. ( Clearlake ), a sector-focused investor that partners with world-class management teams by providing patient, long-term capital to dynamic businesses, today announced that they have acquired
InvestCloud, a modular, enterprise-grade digital wealth & investment management software solutions platform. Motive Partners, Clearlake and funds advised by Motive Partners have entered into a definitive agreement to acquire 80% of InvestCloud from early stage Investors, and have simultaneously combined InvestCloud with existing Motive Partners portfolio companies Finantix and