Clearlake Capital Enters into a Definitive Agreement to Acquire SaaS Insurance Technology leader Zywave From Aurora Capital Partners

Clearlake Capital Group, L.P. today announced that it has signed a definitive agreement to acquire Zywave, Inc. The leading software-as-a-service ("SaaS") provider of front office insurance solutions, from Aurora Capital Partners. The Company will continue to be led by Jason Liu, Chief Executive Officer, and the current management team, who are investing alongside Clearlake in the transaction. Financial terms were not disclosed. Clearlake's investment in Zywave is a true game-changer, said Mr. Liu of Zywave. "This move will enable us to both accelerate our growth organically and increase our pace of acquisitions moving forward. Zywave is already a proven InsurTech leader, delivering end-to-end solutions to insurance professionals globally, and now we will have the opportunity to further expand upon our leadership position with even more impactful developments.