Clearlake Capital Completes Majority Investment in ModMed
March 3, 2025
Clearlake Capital has made a significant majority growth investment in ModMed (Modernizing Medicine), acquiring the company from Warburg Pincus and other prior investors; financial terms were not disclosed. ModMed is a specialty-specific, AI-enabled healthcare SaaS platform offering EHR, practice management, revenue cycle management, patient engagement and payments; Clearlake says the capital will accelerate growth and the company's AI roadmap.
- Buyers
- Clearlake Capital Group, L.P.
- Targets
- ModMed (Modernizing Medicine)
- Sellers
- Warburg Pincus, Pentland Capital, Summit Partners
- Industry
- Cloud & SaaS
- Location
- Florida, United States
- Transaction Type
- Buyout
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