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July 6 (Reuters) - Private equity firm Centerbridge Partners L.P. said it would buy enterprise software companies Syncsort Inc and Vision Solutions Inc from Clearlake Capital Group L.P. for $1.26 billion.
Clearlake Capital will merge the two firms and sell a significant stake in the combined company to Centerbridge.
Clearlake will retain a "meaningful" stake in the combined company, the firm said. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Saumyadeb Chakrabarty)