Clearlake-Backed Symplr to Acquire API Healthcare

Palo Alto – March 12, 2019 – Cooley advised Clearlake Capital Group-backed Symplr on its agreement to acquire API Healthcare, a provider of healthcare human capital management software solutions, from Veritas Capital. Partner Mehdi Khodadad led the Cooley team advising Symplr on the transaction.

"Together with API, Symplr will continue to pursue the mission of providing software solutions that help healthcare organizations meet regulatory compliance requirements and increase operational efficiency,” said Symplr CEO Rick Pleczko and COO and CFO Tres Thompson in a joint statement. “This is a powerful combination for our customers, partners and team."

A healthcare governance, risk and compliance software-as-a-service platform, Symplr’s mission is to make healthcare compliance and credentialing simpler for all constituents of the healthcare community.

Cooley has a longstanding relationship with Clearlake, advising the private investment firm on various deals and portfolio matters since 2011. Most recently, in January, Cooley advised Clearlake-backed Perforce Software on its agreement to acquire Rogue Wave Software.

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Related Contacts
Mehdi Khodadad Partner, Palo Alto
Eric Batill Associate, Palo Alto
Erin Stafford Associate, New York
Jennifer Basch Associate, New York
Edward Sniezek Associate, Reston
Eric Kauffman Partner, San Diego
Stacy Crosnicker Associate, Reston
Marc Samuel Special Counsel, Washington, DC
Ross Eberly Associate, Los Angeles
Janet Cullum Senior Counsel, New York
David Hopkins Special Counsel, Reston
Peter Burns Partner, Palo Alto
Elisa Rosen Special Counsel, Washington, DC
Jacqueline Grise Partner, Washington, DC
Sharon Connaughton Special Counsel, Washington, DC
Buff Miller Senior Counsel, Palo Alto
David Dalton Associate, San Francisco
Kevin King Partner, Washington, DC
Randy Sabett Special Counsel, Washington, DC
Judd Lauter Associate, Palo Alto
Leanne Andrepont Senior Trademark Paralegal
David Crawford Associate, San Diego
Paula Fleckenstein Associate, Reston
Stephanie Tsao Associate, Palo Alto
Rebecca Ross Special Counsel, Washington, DC
Phil Mitchell Partner, New York
Wendy Goldstein Partner, New York
Kristin Leavy Special Counsel, Washington, DC
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Mergers & Acquisitions Software