Friday, July 29, 2022

Kofax Now Owned By Clearlake, TA

Irvine-based document automation software developer Kofax is now owned by private equity investors Clearlake Capital and TA Associates, the companie said this week, after a sale of Kofax by prior owner Thoma Bravo. Financial details of the deal were not announced. Thoma Bravo has owned Kofax for the last five years. The deal was financed by J.P. Morgan, along with Credit Suisse, UBS, Jefferies LLC, Blackstone, PSP Partners, Security Benefit, and Brinley.