Sidley is representing Clearlake Capital Group, L.P. in its significant majority growth investment in ModMed. The company, currently backed by Warburg Pincus, is a developer of AI-powered medical practice technology, including electronic health records, practice management, revenue cycle management, patient engagement, payment processing, and native AI integrations. The transaction is subject to customary closing conditions, including the receipt of required regulatory approvals. Financial terms of the transaction were not disclosed.
The Sidley team is being led by Mehdi Khodadad and Mark Castiglia (M&A and Private Equity), and includes Tommy Tsao and Cameron Turkzadeh (M&A and Private Equity); Nicholas Schwartz, Julie Ann Rosenberg Lamm, Shneur Wolvovsky, and Scott Dawson (Global Finance); Jon Zucker (Healthcare); Eric Kauffman and Emily Wajert (Employment); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Kyle Barnett and Dina Kang (Technology Transactions); Lauren Kitces (Privacy and Cybersecurity); Rachel Kleinberg and Jonathan Westreich (Tax); Ken Daly and Vadim Brusser (Antitrust and Competition); and Sven De Knop and Alessandra Moroni (International Trade).
