Precisely, a global pioneer in data integrity software, backed by Clearlake Capital Group, L.P., and TA Associates, announced that they are acquiring Winshuttle, a provider of process automation and master data management. This collaboration will accelerate Precisely’s leadership in data integrity software along with process automation and master data management.
Josh Rogers, CEO of Precisely, said, “Process automation is essential in delivering higher quality data so companies can be confident in their business decisions. Adding Winshuttle’s process automation and master data management software, with its deep expertise in SAP environments, will enable Precisely to extend our portfolio of differentiated solutions and further our customers’ journeys to achieving data integrity.”
Winshuttle is a subsidiary of Symphony Technology Group, and it specializes in managing, moving, and validating large data volumes spanning multiple systems of record, such as SAP ERP. Winshuttle’s CEO, John Pierson, said that Precisely is a great fit for their mission to help drive better business through data and an ideal home for their talented team. Precisely’s leadership in data integrity and focus on trusted data perfectly complement Winshuttle’s software portfolio and domain expertise. Winshuttle’s customers can operate from a position of strength to get products to market faster, be more agile, and make more confident and timely business decisions.
Clearlake Capital Group is a capital market company that is focused on private equity and special situation transactions. Behdad Eghbali, Founder and Managing Partner, and Prashant Mehrotra, Partner, of Clearlake said that Winshuttle represents Precisely’s second add-on acquisition within just months of Clearlake and TA closing the Precisely transaction, and it reflects our commitment to backing the company as a consolidator in the broader data integrity software ecosystem. This strategic acquisition expands Precisely’s data integrity software solution set into process automation and master data management software, which are both top priorities on the company’s product roadmap.