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Kofax

Kofax Acquisition by Clearlake Capital and TA Associates

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On April 26, 2022 we announced that Clearlake Capital and TA Associates will be acquiring Kofax from Thoma Bravo in a transaction that’s expected to close in Q3 of this year.  I want to give you assurance that this is great news for Kofax, and great news for you, our customer. 

Over the past three and a half years, with strong executive leadership and the skill, commitment and passion of our employees – Kofax has evolved to become a high-growth global leader in intelligent automation for digital workflow transformation.  And we remain committed to our innovation journey, our product roadmap, and plans to push the envelope in the Cloud, artificial intelligence and customer experience.  Kofax remains your trusted partner in digitally transforming your content-intensive workflows while realizing faster time-to-value and increased competitiveness, growth and profitability. 

This acquisition marks a change in ownership – not management or strategy. Both Clearlake Capital and TA Associates are aligned with our mission, vision and strategy and are committed to partnering with Kofax, our executive leadership and employees as we continue evolving to the next phase of growth.  They offer industry knowledge and experience scaling enterprise software companies like Kofax. These resources will be critical as we strive to further grow the company and bring added value to you, with a focus on developing and expanding our product portfolio. Just as important, both Clearlake Capital and TA Associates have sterling reputations in the software industry and track records of enabling their portfolio companies for success.   

So, bottom line: Kofax’s acquisition simply means we’ll have even more resources and support to execute on our vision of helping you Work Like Tomorrow – Today.  

We look forward to strengthening our current relationship with you and exploring more opportunities to support your digital workflow transformation needs.