Syncsort Purchased by Centerbridge Partners from Clearlake
Private investment firm Centerbridge Partners has purchased enterprise data management vendor Syncsort, which itself purchased data quality and identity management vendor Trillium in late 2016. The $1.26 billion transaction also includes disaster recovery expert Vision Solutions, which will be merged into Syncsort. Both firms had been owned by the Clearlake investment group. This continues the pattern of private investors buying and consolidating martech-related firms. Maybe this is the way the boom ends.