May 11, 2022
Clearsight Advises USEReady on an Investment by Abry Partners
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another landmark transaction in its Cloud, Data & Analytics practice. Clearsight served as the exclusive financial advisor to USEReady Inc. (“USEReady” or the “Company”) on a growth capital investment by Abry Partners (“Abry”).
USEReady is a pioneering data and analytics firm specializing in Visual Analytics, Cloud Data, and Artificial Intelligence (AI) / Machine Learning (ML) engineering services. The Company partners with industry-leading technology vendors to deliver valuable insights and solutions to clients. This transaction will allow USEReady to accelerate investments in practice growth, proprietary tools, geographic expansion and global delivery, as well as solidify its position as the premier data and analytics service provider for large enterprises.
Uday Hegde, Co-founder and CEO of USEReady, remarked on the transaction, “We initially chose Clearsight as our advisor because of their extensive experience in the data analytics and cloud space. However, what impressed my Co-founder, Lalit, and me the most throughout our process was the Clearsight team’s level of dedication to finding the right strategic outcome for us – both from the junior and senior team members. They surpassed our expectations, and we are grateful for their collective commitment to our successful outcome.”
“From our first interaction with the USEReady team several years ago, we immediately recognized the unique and transformative data intelligence and analytics capabilities their business provides. The USEReady team continues to spearhead this space and we look forward to watching them rapidly grow and scale in their new partnership with Abry,” commented Bhavin Patel, Clearsight Co-founder and Managing Director.
Clearsight Associate Phil Loria added, “The USEReady team has built an impressive global platform at the forefront of enterprise data and cloud innovation. With Abry’s support, USEReady is well-positioned to continue empowering clients to succeed with data and optimize their technology ecosystems.”
The Clearsight deal team included Joel Kallett, Bhavin Patel, Alex Johnston, Phil Loria and Austin Stengle.