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Spiff Appoints FinTech Sales Leader Matt Gahr As Its Chief Revenue Officer 2022/04/27 13:01:00 Kwhen Finance
Spiff Appoints FinTech Sales Leader Matt Gahr As Its Chief Revenue Officer 2022/04/27 13:01:00 Kwhen Finance
Bernzott Capital Advisors Buys Viper Energy Partners LP, ATI Physical Therapy Inc, Devon Energy ... 2021/10/19 18:38:28 GuruFocus
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Clearlake Capital acquires Cornerstone OnDemand 2021/10/18 08:27:33 Private Equity Wire
Clearlake Capital acquires Cornerstone OnDemand Submitted 18/10/2021 - 9:27am Clearlake Capital Group has completed its acquisition of Cornerstone OnDemand, a specialist leader in talent management software. The acquisition was previously announced on 5 August, 2021, and was approved by Cornerstone OnDemand shareholders on 12 October, 2021. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for USD57.50 per share in cash. As a result of the transaction, Cornerstone is now a privately held company and shares of Cornerstone common stock are no longer listed on the public market. The acquisition combines Cornerstones product and industry leadership with Clearlakes proven software investment experience and operational improvement approach, OPS, to strengthen and accelerate the companys next phase of growth and innovation. Clearlakes investment in Cornerstone is an exciting and important step for our company and our customers, says Phil Saunders, CEO, Cornerstone. Clearlake has shown immense confidence in our talented team and the direction we are headed.