Deal Notes

Coolfront, a leader in flat-rate pricing and maintenance agreement management systems, was acquired by Clearent, a payment solutions provider. The acquisition completely expands and changes the market landscape for Coolfront as well as combines two unique payment solutions to provide the best possible solution to the end user.

About the Seller

Launched in 1999 and based in Rochester, New York, Coolfront is a zero-cost mobile work-order, invoice-management tool, and flat-rate pricing tool in the HVAC, plumbing and electrical industries. It has been used to price more than 100 million service calls.

About the Buyer

Based in Atlanta, Georgia, Clearent is a full-service payment solutions provider that helps small business owners securely accept payments anywhere and offers turnkey payment integration for independent software vendors who want to grow their business. It has won many prestigious awards including Inc. 5000's fastest-growing companies and St. Louis Post-Dispatch's top workplaces award.

Read the press release

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