Precisely, a provider of data integrity software, newly backed by Clearlake Capital Group, L.P. and TA Associates, has announced a definitive agreement to acquire data integrity and governance software provider Infogix. The announcement comes less than 2 weeks after Clearlake and TA completed their acquisition of Precisely and represents the first major step to accelerate growth under their ownership. Terms of the deal were not disclosed.
Precisely (which rebranded from Syncsort in 2020) helps companies achieve a foundation of trusted data on which to build their digital futures. The company’s data integrity software portfolio provides accuracy, consistency, and context in data for more confident business decisions. In Infogix, Precisely is acquiring data governance, data catalog and strategic data services that extend its data integrity software leadership. Infogix also brings highly complementary data quality capabilities that help ensure customers’ business decisions are made with the right data at the right time and with the right context.
“As companies seek to position and differentiate themselves for the digital era, they quickly realize that success requires trusted data. Precisely provides that foundation with maximum accuracy, consistency and context so businesses can make confident data-driven decisions,” said Josh Rogers, CEO of Precisely. “Infogix is a perfect fit for Precisely, with highly complementary data quality products and services, and a leading data governance solution that our customers have been seeking.”
“Precisely’s acquisition of Infogix represents the importance of data intelligence for organizations wanting to achieve trusted data with integrity,” said Stewart Bond, research director, Data Integration and Intelligence Software at IDC. “Infogix will bring technical, business, relationship and usage intelligence about data into the Precisely data integrity portfolio, adding another dimension to data integrity and enabling data governance.”
For more information, go to www.precisely.com and www.infogix.com.