FinTechDeals

ClearCourse, a leading group of innovative technology brands providing integrated software and payments solutions, has acquired legacy management software provider Clear.

Details of the deal have not been disclosed but it’s the first of the year for ClearCourse and follows the recent announcement of new CEO Christina Hamilton.

Chorley-based Clear provides innovative software solutions across a range of areas, including non-profit and transport sectors.

Their flagship product, FirstClass, is the UK’s leading system to help leading charities such as Oxfam, the NSPCC and Cancer Research UK manage legacy donations.

Clear’s acquisition represents a further expansion of ClearCourse’s presence in the region following the opening of its Northern Tech Hub in Preston.

John Antunes, managing director of ClearCourse Software and Services division, said: “This acquisition is undoubtedly an excellent addition to ClearCourse’s software solutions for the not-for-profit sector.

ClearCourse appoints Christina Hamilton as CEO

“We’re very excited by the integration and growth potential inherent in the deal, which brings new opportunities for us to work better together across the group.

“For example, Clear’s customers can access our market-leading CRM platforms and address validation services. We’re also excited by the opportunity to learn from such an experienced team at Clear, who we’re delighted to welcome to ClearCourse.”

Jan Rathbone and Ian Parker, directors of Clear, said: “We’re very pleased to share that Clear will become part of ClearCourse. At a time when the company is looking to grow and develop to the next stage of our journey, ClearCourse is the perfect fit for Clear. We’re excited to work with a wide range of impressive products. ClearCourse offers and for Clear to benefit from their support and investment in 2023 and beyond.”

Founded in 2018, ClearCourse is a group acquiring and investing in industry-specific and market-leading software businesses which serve small and medium enterprises across the UK, delivering integrated solutions to nearly 25,000 customers.

ClearCourse is backed by Aquiline Capital Partners, a private investment firm based in New York and London with £7.5bn ($9.2bn) in assets under management that invests across financial services and technology.

ClearCourse Group launches Northern Tech Hub