Sidley is representing Provation Software, a Clearlake Capital Group, L.P. portfolio company, in its sale to Fortive Corporation for US$1.425 billion. Fortive is a provider of clinical workflow software solutions used in hospitals and ambulatory surgical centers. Provation delivers healthcare software solutions to enhance clinical productivity, care coordination, and reporting and billing accuracy. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close by the end of the year.
The Sidley team is led by Mehdi Khodadad and Nicolai Schwarz-Gondek (M&A and Private Equity), and includes Mark Castiglia, Avni Mehta, Jim Warczak, Mariana Orbay, and Keegan Hawkins (M&A and Private Equity); Eric Kauffman and Emily Wajert (Employment); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Kyle Barnett (Technology and IP Transactions); Rachel Kleinberg and Jonathan Westreich (Tax); Karen Kazmerzak, Ken Daly, Elizabeth Chen, and Jakob Dewispelaere (Antitrust and Competition); Sven De Knop and Alessandra Moroni (International Trade); Mark Langdon and Jon Zucker (Healthcare Regulatory); and Ash Nagdev and Sheri Porath Rockwell (Privacy and Cybersecurity).
