InvestCloud recapitalizes at $1 billion and integrates two new businesses to create a financial technology leader with a SaaS global wealth solutions platform having over $4 trillion in assets
(1) New financial investors, led by Motive Partners and Clearlake Capital, partner to create next-generation SaaS wealth solutions platform with InvestCloud LOS ANGELES, Feb. 2, 2021 /PRNewswire/ -- InvestCloud, an award winning global FinTech firm has completed a recapitalization that values the business at $1 billion. New financial investors are led by Motive Partners ("Motive") with Clearlake Capital Group, L.P. ("Clearlake") and include other InvestCloud client shareholders. Under the terms of the agreement, Motive Partners will also contribute two portfolio businesses, Finantix and Tegr...
Source: finanznachrichten.de