Appriss Retail Acquired by Gemspring Capital
Deal News | Mar 14, 2025 | Clearlake Capital
Appriss Retail, a company that provides real-time decisioning software and solutions to help omnichannel retailers mitigate risks and fraud, has been acquired by Gemspring Capital. Previously backed by Clearlake Capital and Insight Partners, Appriss Retail's acquisition marks a successful transition, highlighting strategic improvements in the Company's operations and product offerings achieved during Clearlake's and Insight’s ownership.
Sectors
- Software Development
- Private Equity
- Retail Technology
Geography
- United States – Appriss Retail, Clearlake Capital, Insight Partners, and Gemspring Capital are all U.S.-based firms.
Industry
- Software Development – The article discusses Appriss Retail, a company providing real-time decisioning software solutions.
- Private Equity – The acquisition of Appriss Retail by Gemspring Capital and the prior involvement of Clearlake Capital and Insight Partners aligns with the private equity industry.
- Retail Technology – Appriss Retail offers solutions specifically targeting the retail sector to mitigate fraud and improve shopper experiences.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Appriss Retail | Target Company | Company | Provider of real-time decisioning software solutions for minimizing retail fraud. |
| Clearlake Capital | Selling Company | Company | Private equity firm that previously backed Appriss Retail. |
| Insight Partners | Selling Company | Company | Venture capital firm that previously backed Appriss Retail. |
| Gemspring Capital | Bidding Company | Company | Private equity firm that acquired Appriss Retail. |