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Precisely's Confirm Business Unit Has Been Acquired by Dude Solutions

Confirm Profile

  • Confirm, the asset management platform of Precisely, is the global leader and provider of asset management software that enables public sector entities to operate their assets more efficiently
  • The company’s solutions serve as the system of record for managing the entire asset lifecycle (across nearly all assets) and a routine point of engagement between government and the citizens
  • The product offering includes Smart and Intelligent capabilities such as scenario development & analytics, data aggregation and repeatable data assets with the mission statement of “Making Smart Simple”
  • Confirm was a division of Pitney Bowes Software & Data (acquired by Precisely in December 2019)

Dude Solutions Profile

  • Dude Solutions is a leading software‐as‐a‐service (SaaS) provider of operations management solutions to education, government, healthcare, senior living, manufacturing and membership‐based organizations
  • The company combines innovative, user‐friendly technology with the world’s smartest operations engine, empowering operations leaders to transform the most important places in our lives
  • The platform is used by more than 12,000 organizations to manage maintenance, assets, energy, safety, IT, events
  • Dude was founded in 1999 and is headquartered in Cary, NC
  • The company was acquired by Clearlake Capital in May 2019

Precisely Profile

  • Precisely is the global leader in data integrity, providing accuracy and consistency in data for 12,000 customers in more than 100 countries, including 90 percent of the Fortune 100
  • The company’s data integration, data quality, location intelligence, and data enrichment products power better business decisions to create better outcomes
  • Precisely was formed in December 2019 through Syncsort’s acquisition of the Pitney Bowes Software & Data business
The acquisition of our Confirm business unit by Dude Solutions is strongly compelling for all parties. In Dude Solutions, Confirm has found a home with a complementary product set and geographic footprint in which the business can continue to thrive. With this transaction, Precisely can put greater focus on our core strategy as the global leader in data integrity – providing maximum accuracy, consistency, and context for confident data‐driven decisions.

Josh Rogers

CEO, Precisely

Dude Solutions’ acquisition of Confirm represents an exciting growth opportunity for both of our businesses. The combination of our software platforms offers government clients an unmatched product platform for smart infrastructure asset management. Together with Confirm, we look forward to delivering the most innovative solutions as we serve the unique and evolving needs of our clients.

Kevin Kemmerer

Executive Chairman, Dude Solutions

Confirm is a natural extension of the Dude Solutions platform with a suite of software solutions that help government clients automate mission critical asset management workflows. Now more than ever, the public sector is looking for innovative ways to extend the useful life of assets and work more efficiently. We believe joining forces will strengthen the Dude Solutions operations management platform and further deliver on client demands to automate asset management and capital planning processes delivering significant long‐term value to clients.

Prashant Mehrotra & Paul Huber

Partner / Managing Director & Principal, Clearlake Capital

Transaction Notes

  • The acquisition of Confirm by Dude Solutions was announced on October 14, 2020; financial terms were not disclosed
  • Confirm was acquired by Precisely (then Syncsort) via the acquisition of Pitney Bowes Software & Data in August 2019
  • Based in the UK but with a global footprint, Confirm significantly extends Dude Solutions’ geographic presence in EMEA and APAC, while providing an opportunity to further expand adoption of the Confirm platform in North American markets
  • Shea & Company served as the exclusive financial advisor to Precisely and the company’s majority owner, Centerbridge Partners
Read The Press Release