Deerwood Assists Capstreet and SmartSights on Acquisition of Sage Clarity Through Buyside Partnership

September 2024 - Houston, TX - Deerwood Advisors (“Deerwood") is pleased to announce that it served as advisor in connection with Capstreet backed SmartSights' acquisition of Sage Clarity.

SmartSights is a provider of operational intelligence software that helps industrial teams improve response times. Sage Clarity provides software applications that help manufacturers gather, analyze, and act on real-time operating data. The acquisition adds meaningful manufacturing analytics, root cause analysis, and detection capabilities to the SmartSights platform and broadens its value proposition to customers seeking better plant-level visibility.

“Sage Clarity is a highly complementary addition for SmartSights and materially expands the platform's ability to help customers convert real time data into measurable operational improvements," said Jim Turner, Managing Partner at Deerwood Advisors. “It is the kind of strategic software combination that can deepen customer stickiness and increase the practical value of the overall product suite."

The transaction underscores Deerwood's continued focus on advising software companies and sponsor backed platforms on strategic acquisitions that enhance product depth and strengthen mission critical customer workflows.

About SmartSights

SmartSights provides operational intelligence software that helps industrial teams respond faster, improve situational awareness, and maintain the health of plant infrastructure through data-driven tools. Its solutions orchestrate industrial data through analytics, reporting, and alerting to help customers identify and remediate critical issues more quickly. For more information, visit www.smartsights.com.

About Sage Clarity

Sage Clarity, founded in 2011 and headquartered in Chicago, provides real-time manufacturing data applications that offer greater operational visibility for plant operators and executives across a range of industrial end markets. The company’s software is designed to help manufacturers turn machine and operating data into actionable insight through digital performance management, root cause analysis, and improved situational awareness across the plant floor.

About Deerwood Advisors

Deerwood Advisors is a boutique investment banking and advisory firm providing M&A advisory, capital raising, Buyside, Sellside and strategic advisory services to lower middle-market companies. Deerwood specializes in helping entrepreneurs, family owned businesses, and management teams navigate complex transactions to achieve their long-term goals. For more information, visit www.deerwoodadvisors.com.