Announced
Financials
Tags
it software
Private
IT Services: Other
United States
Software
Friendly
Acquisition
Private Equity
Minority
Single Bidder
Synopsis
Francisco Partners, an investment firm that specializes in technology and technology-enabled services businesses, invested in Perforce Software, a leading provider of enterprise-scale software solutions to technology developers and development operations. Francisco Partners and Clearlake Capital Group, which initially invested in Perforce Software in late 2017, become equal partners. Financial terms were undisclosed. "We are very impressed by the leadership position that Perforce has established in the DevOps market and are excited to partner with management and Clearlake to drive the next phase of expansion.", Brian Decker, Francisco Partners' partner.
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