Motive Partners & Clearlake Invest for Growth in Next Generation SaaS Wealth Solutions Platform with InvestCloud

Motive Partners ("Motive"), a specialist private equity firm focused on growth and buyout investments in enterprise financial services software companies, and Clearlake Capital Group, L.P. ("Clearlake"), a sector-focused investor that partners with world-class management teams by providing patient, long-term capital to dynamic businesses,today announced that they have acquired InvestCloud, a modular, enterprise-grade digital wealth & investment management software solutions platform. Motive Partners, Clearlakeand funds advised by Motive Partners have entered into a definitive agreement to acquire 80% of InvestCloudfrom early stage Investors, and have simultaneously combined InvestCloud with existing Motive Partners portfolio companies Finantix and Tegra118 to create the next generation Software-as-a-Service ("SaaS") global wealth solutions platform led by InvestCloud's CEO, John Wise.The strategy and vision is shared by an esteemed group of co-investors, made up of some of the largest financial institutions in the world, includingAccenture, Citi Ventures and Fiserv.