Cove Hill Partners and Clearlake Capital Invest in NetDocuments

NetDocuments Completes Acquisition of OpenText's eDOCS Business

January 13, 2026

Cloud & SaaS

NetDocuments has completed its acquisition of the eDOCS document management business from OpenText, including the eDOCS product portfolio and its dedicated team. The deal brings the eDOCS platform and customer community under NetDocuments, expanding its global footprint and allowing continued on‑premises support while offering a path to cloud modernization and migration tools.

Summit Partners Makes Growth Investment in DocuSketch

January 16, 2024

Software

DocuSketch, a Lakeland, Florida-based provider of process optimization and claims documentation software for the property restoration industry, has received a minority growth investment from Summit Partners. The capital will support product R&D and accelerate integration of advanced AI capabilities while DocuSketch management retains majority ownership.

Cove Hill Partners Makes Strategic Growth Investment in myDigitalOffice

January 19, 2022

Cloud & SaaS

myDigitalOffice, a Bethesda-based provider of cloud software and information management tools for hotel owners, operators, and brands, received a strategic growth investment from Cove Hill Partners. The capital will be used to accelerate product development, support hiring, and expand MDO's product and feature set for the hospitality market.

Warburg Pincus Acquires Clearlake's Interest in NetDocuments

May 25, 2021

Cloud & SaaS

Warburg Pincus has agreed to acquire Clearlake Capital's interest in NetDocuments, joining existing investor Cove Hill Partners to support the company's next phase of growth. Terms were not disclosed; the investment will back NetDocuments' continued expansion of its vertical cloud-based content services platform for law firms, corporate legal teams and compliance departments.

Motive Partners & Clearlake Acquire Majority Stake in InvestCloud

February 2, 2021

Cloud & SaaS

Funds advised by Motive Partners and Clearlake Capital acquired an 80% stake in InvestCloud and combined it with Motive portfolio companies Finantix and Tegra118 to create a global, next-generation SaaS wealth solutions platform. Co-investors in the transaction included Accenture, Citi Ventures and Fiserv; the combined InvestCloud Group will target global wealth managers, private banks and asset managers with an integrated cloud-native offering.

Ridgemont Equity Partners Makes Growth Investment in Softdocs

January 21, 2021

Cloud & SaaS

Ridgemont Equity Partners made a growth investment in Softdocs, a Columbia, South Carolina–based provider of enterprise content management and SaaS document management solutions for higher education and K‑12 institutions. The investment will support Softdocs’ efforts to expand market reach and enhance its SaaS Etrieve platform; financial terms were not disclosed.