CARY, N.C. — Nov. 10, 2020 — Dude Solutions, the leading provider of cloud-based operations management software, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has signed a definitive agreement to sell its workforce skills management platform to ALPHA Facilities Solutions, worldwide provider of facility asset management services. The divestiture of Advanced Skills Management Industrial (ASMi) positions the company to focus on its flagship work and asset management solutions with continued emphasis in helping clients manage critical infrastructure worldwide. Financial terms were not disclosed.
“At Dude Solutions, we’re helping organizations perform essential work within their communities and businesses. The strategic decision to divest ASMi allows us to double down on our commitment to delivering powerful solutions that help clients better manage their operations now and into the future,” said Kevin Kemmerer, Dude Solutions CEO. “We found an excellent fit for ASMi in our long-term strategic partner, ALPHA Facilities Solutions, and look forward to our continued partnership in serving facilities worldwide.”
Designed to plan, build, manage and assess organizational readiness, ASMi is a cloud-based solution that configures training paths, learning objectives and work schedules based on job requirements. ASMi provides a single repository to better manage risk and mitigate liability while uncovering weaknesses to drive specific, targeted training and utilize Human Reliability Analysis and Human Error Probability.
John Garcia, Chief Executive Officer, ALPHA Facilities Solutions said, “At ALPHA, we believe managing assets of every nature is mission critical to organizations. Today we are challenged by managing tangible assets such as buildings, infrastructure, building and infrastructure systems and equipment; intangible assets such as intellectual property; and, the most valuable of all assets – our people”.
This divestiture announcement follows news that Dude Solutions signed a definitive agreement to purchase Confirm® from Precisely, expanding its presence geographically in both EMEA and APAC. The company also recently introduced strategic asset management tool Capital Predictor™ to its portfolio, which offers predictive modeling capabilities to guide decision making related to critical infrastructure investments.
About Dude Solutions
Dude Solutions is a leading software-as-a-service (SaaS) provider of operations management solutions to education, government, healthcare, senior living, manufacturing and membership-based organizations. For nearly two decades, Dude Solutions has inspired clients to create better work and better lives. We combine innovative, user-friendly technology with the world’s smartest operations engine, empowering operations leaders to transform the most important places in our lives. Today, more than 12,000 organizations use our award-winning software to manage maintenance, assets, energy, safety, IT, events and more. For more information, visit dudesolutions.com.
About Clearlake Capital
Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are technology, industrials and consumer. Clearlake currently has approximately $25 billion of assets under management and its senior investment principals have led or co-led over 200 investments. The firm has offices in Santa Monica and Dallas. More information is available at clearlake.com and on Twitter @ClearlakeCap.
About ALPHA Facilities Solutions
ALPHA Facilities Solutions is a global provider of asset management services featuring: workforce development, capital planning, maintenance management, environmental planning, investment strategy, energy management, space planning services, information systems integration and lifecycle management delivery. ALPHA provides services to federal, educational, state/municipal, healthcare and private commercial clients. With extensive worldwide expertise, ALPHA successfully assists clients achieve their goals and maximize their return on investment. Learn more at alphafacilities.com.