Apax partner calls Clockwork deal transformational, citing scale and cross-selling

Ashish Karandikar, partner at Apax Partners, described the acquisition as transformational and anticipated benefits from cross-selling and collaboration across marketing, technology, and operational support.

“The Clockwork brands operate in attractive markets and will bring scale and diversification to Authority Brands platform,” he stated. “We anticipate substantial benefits for both businesses from cross-selling and collaboration across marketing, technology, and operational support.”

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