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Clearlake Capital, Motive Partners to Acquire BETA+ Assets from LSEG - Vimarsana News

Clearlake Capital, Motive Partners to Acquire BETA+ Assets from LSEG

LSEG will sharpen the focus of its wealth business on data, analytics, and workflow tools.

LSEG To Divest BETA+ To Clearlake And Motive And Enters Strategic Partnership In Wealth With BETA+ - Vimarsana News

LSEG To Divest BETA+ To Clearlake And Motive And Enters Strategic Partnership In Wealth With BETA+

<p><span>London Stock Exchange Group plc ("LSEG") today announces it has agreed to divest BETA, Maxit and Digital Investor (collectively &ldquo;BETA+&rdquo;) to affiliates of Clearlake Capital Group L.P (&ldquo;Clearlake&rdquo;) and Motive Partners (&ldquo;Motive&rdquo;) for a total cash consideration of $1,100 million (&ldquo;the Transaction&rdquo;), before tax and separation costs. The Transaction is expected to complete in H2 2022 and is subject to the satisfaction of certain customary conditions, including the expiration of the waiting ...