Clearlake-backed Provation Acquires iProcedures

Fortive Completes Acquisition of Provation Software from Clearlake Capital Group

December 27, 2021

Healthcare Services

Fortive completed its previously announced acquisition of Provation Software, adding the clinical workflow software provider as an operating company within Fortive’s Advanced Healthcare Solutions (AHS) segment. The deal was originally announced as a $1.425 billion acquisition from Clearlake, with Provation serving more than 5,000 healthcare facility customers.

Provation Acquires endoPRO Software Portfolio from PENTAX Medical

September 1, 2021

Software

Provation, the Clearlake-backed provider of procedure documentation and clinical decision-support software, acquired the endoPRO endoscopy informatics and software portfolio from PENTAX Medical. The carve-out expands Provation’s clinical productivity portfolio into endoscopy imaging and information management, with terms undisclosed and a concurrent sales agreement for Canadian distribution.

IPRO Acquires ZyLAB

July 7, 2021

Cloud & SaaS

IPRO has acquired Amsterdam-based ZyLAB, a leading e-discovery and legal hold SaaS provider, to integrate ZyLAB's legal hold automation, advanced analytics, and cloud capabilities into IPRO's information governance and eDiscovery platform. The deal, executed with capital from ParkerGale Capital (IPRO's private equity sponsor), expands IPRO's product capabilities and strengthens its footprint in Europe and the UK.

Provation (Clearlake-backed) Acquires ePreop

September 16, 2020

Cloud & SaaS

Provation, a Clearlake Capital–backed provider of clinical productivity software, has acquired ePreop, a perioperative SaaS vendor that offers SurgicalValet and AnesthesiaValet. The acquisition expands Provation’s clinical productivity platform by adding perioperative screening, care coordination, and anesthesia quality reporting capabilities as part of a buy-and-build strategy.

Provation Acquires MD-Reports

January 7, 2020

Healthcare Services

Clearlake-backed Provation has acquired MD-Reports, a provider of EMR, practice management and report-writing software, expanding Provation's clinical documentation platform and adding practice management capabilities. MD-Reports serves over 530 physician offices, hospitals and ambulatory surgery centers, and the deal supports Provation's strategy of growth through acquisition to better serve small and mid-sized providers.

Clearlake Capital Acquires Provation Medical from Wolters Kluwer

March 12, 2018

Software

Clearlake Capital Group has acquired Provation Medical from Wolters Kluwer, making Provation a newly independent software platform to accelerate growth. Provation is a leading provider of procedure documentation, coding, and clinical decision-support software used by hospitals and ambulatory surgery centers; Clearlake intends to support product investment and pursue a buy-and-build growth strategy.