Fortive Completes Acquisition of Provation Software from Clearlake Capital Group
December 27, 2021
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.
- Buyers
- Fortive Corporation
- Targets
- Provation Software, Inc.
- Sellers
- Clearlake Capital Group, L.P.
- Industry
- Healthcare Services
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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