Morgan Stanley Capital Partners’ Investment in Clarity Software Solutions


Dechert LLP advised on the deal

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), a Private Equity team within Morgan Stanley Investment Management, completed an investment in Clarity Software Solutions. MSCP is partnering with the current management team led by founder Sean Rotermund, who will remain CEO and continue to drive organic growth and product development during the investment. Clarity marks the ninth platform investment in MSCP’s North Haven Capital Partners Fund VI (“NHCP VI”) and the first healthcare investment.

Headquartered in Madison, CT, Clarity is a data and technology driven provider of member communication solutions for health insurance payors, third party administrators (“TPAs”), and dental insurance companies. The Company’s software collects, consolidates and cleanses its customers’ data from multiple sources to generate compliant and personalized digital member communications across the enrollment, claims and payments, and compliance functions of its customers.

Dechert advised Morgan Stanley Capital Partners with a team including corporate partners Markus Bolsinger and Gregory Schernecke, finance partner Sarah Gelb, corporate associates Christian Boehme, Thomas Busick, Tu Le and finance associates Greg Reith and Angela Kim. Additional support provided by corporate partner Susan Hendrickson; tax partner Steven Clemens; environmental partner Abbi Cohen; employee benefits partner Eric Rubin with associates Andrew Braid and Dan O’Neil; labor partner Alan Berkowitz with counsel Ian Downes and associate Rhiannon DiClemente; intellectual property partner Violetta Kokolus with associate Rich Pell; litigation partner Neil Steiner with associate Paul Kingsbery; and antitrust partner Michael Weiner with counsel Jill Ross and Beverly Ang; international trade partner Darshak Dholakia and real estate counsel Francois Quintard-Morenas.

Involved fees earner: Beverly Ang – Dechert; Alan Berkowitz – Dechert; Christian Böhme – Dechert; Markus Bolsinger – Dechert; Andrew Braid – Dechert; Steven Clemens – Dechert; Abbi Cohen – Dechert; Darshak Dholakia – Dechert; Rhiannon DiClemente – Dechert; Ian Downes – Dechert; Sarah Gelb – Dechert; Susan Hendrickson – Dechert; Angela Kim – Dechert; Paul Kingsbery – Dechert; Violetta Kokolus – Dechert; Tu Le – Dechert; Dan O’Neil – Dechert; Richard Pell – Dechert; Francois Quintard-Morenas – Dechert; Gregory Reith – Dechert; Jill Ross – Dechert; Eric Rubin – Dechert; Gregory Schernecke – Dechert; Neil Steiner – Dechert; Michael Weiner – Dechert;

Law Firms: Dechert;

Clients: Morgan Stanley Capital Partners;

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Author: Ambrogio Visconti