MD-Reports: Clearlake Capital's Provation Medical Acquires MD-Reports

Santa Monica-based private equity investor Clearlake Capital said this morning that one of its portfolio companies, Provation Medical, has acquired MD-Reports, a provider of electronic medical record (EMR), practice management (PM), and report writing software. Financial details of the acquisition were not announced. Provation is based in Minneapolis, MN. MD-Reports was launched in 2000 as a pinout of an earlier company, Infinite Software Solutions Inc. (ISSI), which was founded in July of 1997 by MD-Reports President and CEO, Srikanth Gosike.