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Dude Solutions to Acquire Confirm from Precisely to Broaden Product Portfolio
Friday 16 October 2020

California-based SaaS operations management software provider Dude Solutions has agreed to acquire the asset management platform of San Francisco-based Confirm from Sweden-based data integrity provider Precisely, to strengthen dude solutions' position as the leading global SaaS provider of cloud-based strategic operations and asset management software, the company said.

Financial terms were not disclosed.

Confirm software enables public and private sector organisations to deliver critical infrastructure services, maximise operational efficiencies and leverage internet of things technology to unlock smart applications and use cases.

The acquisition of Confirm reflects the commitment by Dude Solutions to accelerate growth through product innovation and strategic acquisitions.

The addition of Confirm broadens the Dude Solutions product portfolio serving public sector clients, offering smart city solutions that help organisations implement strategies to extend asset life, increase citizen responsiveness and optimise mobile workforces.

The acquisition also extends Dude Solutions' presence geographically in both EMEA and APAC. It represents the company's eighth acquisition in the past six years, and its second under sponsorship from Clearlake.

Dude Solutions, backed by Clearlake Capital Group, L.P, is a software-as-a-service provider of operations management solutions to education, government, healthcare, senior living, manufacturing and membership-based organisations.

Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies.

Precisely is a leader in data integrity, providing accuracy and consistency in data for 12,000 customers in more than 100 countries.
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Date Published: 16/10/2020

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