Precisely Acquisition, Valuation, Funding & Investors

Precisely was acquired by Clearlake Capital and OMERS for $3.5B in March 2021, a 5.8x multiple on $600M of revenue.

Precisely acquisition price

$3.5B

Acquired by Clearlake Capital, OMERS · Mar 2021

Precisely revenue at acquisition

$600M

Last twelve months · Mar 2021

Precisely revenue multiple at acquisition

5.8x

EV/Revenue · Mar 2021

Cumulative funding Precisely raised

$1M

across 2 funding rounds

Precisely Overview

About Precisely

Precisely is a Burlington, Massachusetts enterprise data-integrity software company with product roots dating to 1968. It provides tools for data integration, quality, governance, enrichment, location intelligence and customer communication. Enterprises use the software to reconcile information across mainframe, cloud and distributed systems and to support analytics and regulated business processes. Revenue comes from software subscriptions, licences, maintenance and professional services. At the 2021 acquisition, Precisely served about 12,000 customers in more than 100 countries, including most of the Fortune 100. The company had been formed through the expansion and rebranding of Syncsort and continued an acquisition-led product strategy. OMERS participated in the 2021 institutional buyout and remains listed in its private-equity portfolio.


Founded

1968

HQ

United StatesNew York City, NY

Status

Acquired

Customer focus

B2B

Revenue model

Subscription, Licensing, Services

Revenue

$600M (Mar 2021)

Valuation

$3.5B (acquired Mar 2021)

Precisely Acquisition

Precisely was acquired by Clearlake Capital and OMERS for $3.5B on 3 March 2021.

The acquisition price implies a 5.8x revenue multiple on $600M of revenue.

Before the acquisition Precisely had raised $1M across 2 funding rounds.

Precisely is the global leader in data integrity software, providing accurate and contextual data solutions to enterprise customers including 99 of the Fortune 100. The company was formed through Syncsort's 2019 acquisition of Pitney Bowes' location data and software business, with the combined entity renamed to Precisely in 2020. In March 2021, Clearlake Capital Group and TA Associates acquired Precisely in a $3.5 billion transaction, becoming majority shareholders with Centerbridge Partners retaining a minority equity stake. Clearlake had previously owned Precisely's predecessor entity (Vision-Syncsort) and sold it to Centerbridge in 2017, marking a re-acquisition by the firm. The deal was structured to provide Precisely with capital to accelerate its M&A strategy, particularly in data integrity categories including data integration, data quality, data enrichment, and data governance, positioning the company to expand its enterprise customer base across multiple industries.

Precisely acquisition details
AcquirerDateTypePriceEV/Revenue
  • Clearlake Capital
  • OMERS
3 Mar 2021PE buyout$3.5B5.8x

Sources: omersprivateequity.com, mergr.com

Precisely Funding History

Precisely has raised a total of $1M across 2 funding rounds.

Precisely's first fundraising round was a $500K pre-seed round in July 2015. The most recent completed round was a $700K seed round in December 2015.

Precisely funding rounds

Precisely funding rounds
DateStageInvestorsRaised
Dec 2015SeedFresco Capital; Lifeline Ventures$700K
Jul 2015Pre-seedFresco Capital$500K

Who has invested in Precisely?

2 investors have backed Precisely across its funding rounds, including Fresco Capital and Lifeline Ventures.


Precisely Investors

Investors in Precisely by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Precisely

Precisely has acquired 15 companies to date.

Last acquisition by Precisely was on March 31st 2025. Precisely acquired DTS Software for undisclosed valuation.


Latest Acquisitions by Precisely

DTS Software
Transerve
PlaceIQ
CEDAR CX Technologies
Description
DTS Software is a distributor of enterprise storage management products specialized for IBM z/OS, Hitachi VOS3, and Fujitsu MSP operating systems.
Transerve is an India-headquartered geographical analysis platform for visualizing and processing spatial data into business insights. Available to individuals and enterprises, it enables team collaboration and public sharing via Map APIs. Pre-loaded datasets cover socioeconomic indicators, demographics, environmental factors, agriculture, administrative boundaries, infrastructure, human mobility, points of interest, and address points for automated analytics from Bengaluru.
PlaceIQ is a location data and analytics provider delivering consumer insights for marketing and business decisions. It supplies location-based audience data, real-world ROI measurement, and attribution tools to connect brands with physical consumer journeys.
CEDAR CX Technologies is a provider of integrated customer communications and digital servicing platforms offered as hosted managed services. Headquartered in the United States, the configurable solution supports omni-channel delivery via email, SMS, web portals, and mobile apps for B2B and B2C interactions in financial services and utilities.
HQ CountryUnited StatesIndiaUnited StatesUnited States
HQ City
Raleigh, NC
Panaji
-
Atlanta, GA
Deal Date31 Mar 202531 Jan 202319 Jan 20228 Dec 2021
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Precisely Competitors

Precisely competitors include listed companies like Teradata and Business-intelligence, and private ones like Starburst, Dataiku, PingCAP and Devo.

Public and private companies comparable to Precisely
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
StarburstUnited StatesBoston, MAPrivate$100M-$3.4B-
DataikuUnited StatesNew York City, NYPrivate$150M-$3.7B24.7x
PingCAPUnited StatesSan Francisco, CAPrivate--$3B-
TeradataUnited StatesUnited StatesPublicly listed$1.7B$285M$2.9B1.6x
DevoUnited StatesUnited StatesPrivate--$2B-
Business-intelligenceChinaChinaPublicly listed$391M$54M$1.9B6.1x

Precisely Public Comps

Precisely is no longer listed, but its public comps include Geovis, Dameng Database, Sportradar, Teradata, Shanghai DZH, Xunce Technology, Amplitude, DoubleVerify, Karooooo and Planisware.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Geovis$402M$45M10.1x8.7x91.1x-
Dameng Database$196M$84M14.1x11.3x32.6x27.8x
Sportradar$1.4B$597M2.7x2.3x6.5x9.8x
Teradata$1.7B$285M1.5x1.6x9.0x5.5x
Shanghai DZH$124M($549K)18.9x-(4263.6x)-
Xunce Technology$193M($16M)11.7x6.6x(144.2x)135.0x
Amplitude$343M($76M)5.8x4.9x(26.4x)101.6x
DoubleVerify$748M$136M2.6x2.5x14.5x7.2x

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Common questions about Precisely

When was Precisely founded?Precisely was founded in 1968.
Where is Precisely headquartered?Precisely is headquartered in New York City, NY, United States.
Is Precisely publicly listed?No, Precisely was acquired by Clearlake Capital and OMERS in March 2021.
Who acquired Precisely?Precisely was acquired by Clearlake Capital and OMERS in March 2021.
How much was Precisely acquired for?Precisely was acquired for $3.5B in March 2021, a 5.8x revenue multiple.
How much funding has Precisely raised?Precisely has raised $1M across 2 funding rounds.
What was Precisely's last funding round?Precisely's last funding round was a $700K seed round in December 2015.
Who are Precisely's investors?Precisely's investors include Fresco Capital and Lifeline Ventures.
Which companies are comparable to Precisely?Companies comparable to Precisely include Starburst, Dataiku, PingCAP, Teradata, Devo and Business-intelligence.
How many companies has Precisely acquired?Precisely has acquired 15 companies, including DTS Software, Transerve, PlaceIQ, CEDAR CX Technologies and Anchor Point.
What was the largest acquisition by Precisely?The $1.5B acquisition of Anchor Point in November 2021 is the largest acquisition Precisely has made to date.

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