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New Deal


Announced

Completed

PSG led a $50m Series C round in Code Climate.

Financials

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Transaction Value£36m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Software

Private Equity

Single Bidder

software company

United States

Domestic

Friendly

Minority

Private

Completed

Venture Capital

Synopsis

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PSG led a $50m Series C round in Code Climate, a software company, with participation from Union Square Ventures, Foundry Group, Lerer Hippeau Ventures and NextView Ventures. "We’re excited to partner with PSG and build upon our leadership as an Engineering Intelligence platform. This investment will help us further our vision of helping engineering and business executives align engineering initiatives with business priorities, deliver high quality code quickly and consistently, and improve teams’ processes and skills to create a high performing culture," Bryan Helmkamp, Code Climate CEO.

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