Gemspring Capital Management Acquires Majority Interest in ClearCompany Holdings
Summary
The amount of the deal was not disclosed. Led by Andre Lavoie, CEO, ClearCompany provides a Talent Management software platform that offers a comprehensive suite of solutions to streamline talent acquisition, performance management, employee engagement, and analytics, with a primary focus on serving mid-market and enterprise businesses. The company supports a diverse base of more than 2,000 customers spanning nearly 50 distinct industry verticals. Gemspring Capital, a Westport, Connecticut-based private equity firm with $3.5 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation, and sustainable competitive advantages.