ClearCare, Inc., a San Francisco, CA-based software provider for the home-care market, is to be acquired by WellSky Corporation, a health- and community-care technology company.
Battery Ventures, a global investment firm, is ClearCare’s majority owner and is a selling shareholder in the deal.
The amount of the transaction was not disclosed.
Led by CEO Geoff Nudd and COO Dave Cristman, ClearCare provides a personal-care technology platform serving over 4,000 personal care agencies representing 600,000 caregivers and 500,000 seniors in the U.S. and Canada. Its SaaS and mobile platform helps manage all personal care agency business functions, including scheduling, billing, payroll, senior-to-caregiver matching, CRM, HR, reporting, and point-of-care management.
The software is used by agencies that provide patients daily care inside their homes, including basic services such as preparing meals; bathing and dressing; and assisting with mobility, among other tasks.
The completion of the transaction, which is expected before the end of 2019, is subject to other customary closing conditions, including regulatory approvals.
FinSMEs
08/10/2019