Clearlake Capital Group L.P.– and SkyKnight Capital-backed Symplr has acquired TractManager from Arsenal Capital Partners. The acquisition adds Tractmanager’s data management capabilities to Symplr.
Software company Symplr provides healthcare management services to clients. “This is an exciting milestone for Symplr as the acquisition of TractManager further broadens the company’s capabilities and addressable markets, and continues to support its strategic goal to define the healthcare GRC market,” say Clearlake co-founder and managing partner Behdad Eghbali and partner Prashant Mehrotra. Clearlake invests in businesses in the technology, industrials and consumer sectors.
Private equity firm SkyKnight focuses on companies in healthcare, insurance, and business services. “The acquisition is highly complementary and an exciting step toward delivering an even more comprehensive end-to-end healthcare GRC SaaS platform.” say SkyKnight partner Claude Burton and principal Jordan Milich.