Clearlake Capital Group and Motive Partners have closed the acquisition of the BETA+ assets including BETA Post-trade Processing, Maxit, and Digital Investor, from the London Stock Exchange Group (LSEG).
Effective immediately, the company will operate as BetaNXT, reflecting its evolved strategic vision.
Additionally, Clearlake and Motive Partners have formed a long-term strategic partnership with LSEG, through which LSEG will work hand in hand with BetaNXT and the Sponsors’ wealth management portfolio companies, providing content, data, and tools.
Read more: Private Equity Wire
