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Willkie Advises Appriss Retail on Acquisition by Gemspring Capital

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March 13, 2025

Willkie advised Appriss Retail, backed by Clearlake Capital Group and Insight Partners, on its acquisition by Gemspring Capital. 

On March 12, Appriss Retail, a provider of real-time software and solutions enabling omnichannel retailers to minimize return fraud, mitigate risks and drive shopper experiences, announced it has been acquired by Gemspring Capital. Appriss was backed by Clearlake Capital and Insight Partners. 

Previously a division of Appriss, Inc., a provider of data & analytics solutions for real-time risk assessment and mitigation focused on the public safety, healthcare, and omnichannel retail sectors, Appriss Retail was spun-off by Clearlake and Insight as a separate business in 2023.

The Willkie team was led by partners Morgan Elwyn, Ziyad Aziz and Thomas Spencer.
 
Morgan Elwyn
Morgan D. Elwyn Partner Private Equity
New York New York melwyn@willkie.com 212 728 8632+1 212 728 8981
Ziyad Aziz
Ziyad H. Aziz Partner Corporate & Financial Services
New York New York zaziz@willkie.com 212 728 8632+1 212 728 8656
spencer_t_cropped_low_res_transparent
Thomas A. Spencer Partner Corporate & Financial Services
Chicago Chicago tspencer@willkie.com 212 728 8632+1 312 728 9069

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