Clearlake Capital-Backed Dude Solutions Acquires Facility Health Inc. to Expand Healthcare Asset Management Expertise
Summary
The company’s software solution, the Origin™ Decision HUB™, provides executives with predictive CapEx and OpEx investment models using a proprietary Health Index calculation for each asset that is continuously monitored and updated. The acquisition of Facility Health will expand Dude Solutions’ offering to midmarket and enterprise level healthcare organizations, strengthen the company’s North American footprint, and with its Strategic Asset Management (SAM) Capital Predictor solution, expand the complementary offerings to other industries. “Facility Health, unlike other industry offerings, combines operational data with additional (or “supplemental”) organizational data for real-time analysis of assets, supporting holistic capital planning and making it easy to communicate insights on asset risk and planning directly with the C-suite.” Christian Fernando, president, and chief executive officer of Facility Health, said, “We are excited to be aligned with Dude Solutions vision of the importance of strategic asset management to deliver actionable insights to mitigate risk in real-time. “We have seen among our customer base how the pandemic and related dislocation has put pressure and strain on the infrastructure and resources within the healthcare industry in particular, and only highlights the importance of capital and asset planning software in mitigating risk and balancing short and long-term improvements. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies.
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