Clearlake buys Provation Medical

Clearlake Capital Group said March 12 that it acquired Provation Medical Inc. Wolters Kluwer is the seller. Financial terms weren’t announced. Provation, of Minneapolis, provides software for intelligent procedure documentation. TripleTree served as financial adviser to Clearlake. Financing for the transaction was provided by Wells Fargo, Varagon Capital Partners and Ares Management LP.

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