Clearlake Capital Acquires nThrive's Technology Division

nThrive (Clearlake-backed) Acquires TransUnion Healthcare

December 17, 2021

Healthcare Services

Clearlake Capital-backed nThrive has completed the acquisition of TransUnion Healthcare, the healthcare data and analytics business of TransUnion. The deal combines TransUnion Healthcare's front-end data and insurance discovery capabilities with nThrive's end-to-end revenue cycle management (RCM) SaaS platform to create an integrated RCM offering for providers and payors.

Clearlake-backed nThrive to Acquire PELITAS

February 8, 2022

Healthcare Services

nThrive, a Clearlake Capital–backed healthcare revenue cycle management (RCM) SaaS platform, has signed a definitive agreement to acquire PELITAS, a provider of patient access, digital patient intake, and front-end RCM software. The acquisition will expand nThrive's patient access and digital intake capabilities (including virtual check-in and payment) to strengthen its end-to-end RCM offering; financial terms were not disclosed.

Rapid Finance Acquires Digital Lending Platform Provider Thrive

October 3, 2022

Financial Services

Rapid Finance has acquired digital lending platform provider Thrive and folded the business into its new Rapid Finance Technology unit to accelerate digital lending capabilities. The Thrive platform provides end-to-end origination, underwriting, decisioning and servicing tools for banks, non-bank lenders and credit unions, and the acquisition supports Rapid Finance's effort to modernize and expand its technology-driven lending solutions.

Thrive Acquires InCare Technologies

January 6, 2022

IT Services

Thrive, a NextGen managed services provider, has acquired InCare Technologies, an SMB-focused managed service provider headquartered in Birmingham, Alabama. The acquisition gives Thrive a regional anchor in the U.S. South to support expansion of its managed cybersecurity, cloud and collaboration services.

Clearlake- and TA-Backed Ivanti Acquires Cherwell Software

March 25, 2021

Software

Ivanti, backed by Clearlake Capital and TA Associates, has completed the acquisition of Cherwell Software to extend its Ivanti Neurons hyperautomation platform and broaden enterprise service management, no-code/low-code capabilities. The deal integrates Cherwell’s IT service management technology into Ivanti’s unified endpoint management and zero-trust security portfolio to deliver end-to-end service and personalized employee experiences.

Thrive Acquires Edge Technology Group

June 30, 2022

Cybersecurity

Thrive, a portfolio company of Court Square Capital Management, has acquired Connecticut-based Edge Technology Group, a managed IT services and technology advisory firm serving alternative investment managers. The deal expands Thrive's international footprint with new offices and data centers across the United Kingdom, Australia, Singapore, Hong Kong, and the Philippines and strengthens its cybersecurity, cloud, and automation capabilities for financial services clients.