Syncsort Acquires Pitney Bowes' Software Solutions Business
August 26, 2019
Syncsort, backed by affiliates of Centerbridge Partners and Clearlake Capital Group, agreed to acquire Pitney Bowes' Software Solutions business in a transaction announced August 26, 2019 (completed later in 2019). The deal combines Pitney Bowes’ location intelligence, data enrichment, customer information management and customer engagement products with Syncsort’s data integration and optimization portfolio to create a leading data management and data quality software company.
- Buyers
- Syncsort, Centerbridge Partners, Clearlake Capital Group
- Targets
- Pitney Bowes' Software Solutions business
- Sellers
- Pitney Bowes
- Industry
- Data & Analytics
- Location
- Connecticut, United States
- Transaction Type
- Divestiture
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