Clearlake Capital Sells Provation

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Financial details of the sale were not announced. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer. The company also funded the acquisition of four companies for Provation, including MD-Reports, ePreop, iProcedures and endoPRO.