Clearlake Capital majority investment in ModMed

In March 2025, Boca Raton–based specialty EHR/SaaS company ModMed announced a significant majority growth investment from Clearlake Capital GroupDealroom has a profile for this one. Try Dealroom →, with prior sponsor Warburg Pincus exiting its majority position. Press reports cited an approximate $5.3 billion valuation; official Clearlake/ModMed releases did not disclose financial terms.

ModMed remains founder-influenced with Clearlake as majority owner and is cited by Clearlake among early Fund VIII deployments focused on technology-enabled transformation.

Sources:
PR Newswire — ModMed / Clearlake
Axios — $5.3B valuation report