William Blair acted as the exclusive financial advisor to Clevertech in connection with its strategic investment from Avance Investment Management (Avance).
About the Companies
Clevertech is a leading provider of end-to-end software development and digital transformation execution for select venture backed organizations, private equity sponsored firms, and large and mid-size enterprises. Using their RemoteNative™ delivery model, Clevertech brings a differentiated and global perspective to some of the hardest problems facing the C-Suite today.
Avance is a private equity firm with a passion for building great businesses in partnership with talented management teams. Avance focuses primarily on thematic investments within the services, technology and consumer areas in the US, seeking attractive opportunities with catalysts for growth and fragmented spaces with consolidation opportunities. Avance’s team has a long history of partnering with founder-owned businesses, industry executives, and management teams and aims to add value to each investment. Avance has offices in New York and Miami.
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