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Baltimore’s ClearOne Advantage lands more funding from Comvest Partners

Baltimore’s ClearOne Advantage lands more funding from Comvest Partners

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ClearOne Advantage LLC, a -based debt resolution services provider, Monday announced a funding deal with Comvest Partners, an operationally-focused middle-market private investment firm.

Terms of the funding arrangement were not disclosed. The investment provides follow-on financing to support ClearOne’s growth initiatives. Comvest has been a capital provider to ClearOne since 2017.

Founded in 2008, ClearOne is a provider of success fee-based debt resolution services, offering full-service debt settlement programs to consumers nationwide who have credit card and other forms of unsecured debts. The company’s headquarters is at 1501 S Clinton St., Suite 320.

Comvest currently manages more than $9.5 billion in assets and has invested more than $11.7 billion since inception. Based in West Palm Beach, Florida, Comvest also maintains offices in Chicago and New York.