Silversmith Capital Partners completed the acquisition of a minority stake in Gearset for $55m.

Silversmith Capital Partners, a growth equity firm, completed the acquisition of a minority stake in Gearset, a software company, for $55m. “When we started Gearset, DevOps was largely the province of highly technical software teams, and we wanted to change that. Over the last six years, we’ve focused unrelentingly on making our users successful, and built a product that solves the hard problems in Salesforce DevOps, while being easy to use for teams of all technical backgrounds. In doing that, we’ve grown way faster than we could’ve imagined, and today some of the biggest, and most impactful, companies on the planet rely on Gearset. Many enterprises are still early in their digital transformation, and we’ve got a huge opportunity to help them realize the benefits of DevOps as they increasingly rely on low-code solutions," Kevin Boyle, Gearset CEO and Co-Founder.