![Brightly Software, Inc Brightly Software Inc Blue Logo](/-/media/images/transactions/logos-2022/brightlysoftwarebluelogo145x53.gif?la=en&h=53&w=145&hash=03FD8565F328CEEA516406B87642DF5A)
a portfolio company of Clearlake Capital
has been acquired by
![Siemens Siemens](/-/media/images/transactions/logos-2014/siemens.gif?la=en&h=53&w=145&hash=F52A9E9D5CC81054A01F68A377E1AE81)
William Blair acted as lead financial advisor to Brightly Software, Inc. (Brightly), a portfolio company of Clearlake Capital Group, L.P. (Clearlake), in connection with its sale to Siemens AG (Siemens) (FRA:SIE) for $1.575 billion of upfront cash consideration, along with $300 million in cash earn-out payments, for a total of $1.875 billion.
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