Francisco Partners invests in Perforce Software

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.