Francisco Partners Invests in Perforce Software, Joining Clearlake as Equal Partner
July 8, 2019
Perforce Software received a significant new equity investment from Francisco Partners, which will become an equal partner with affiliates of Clearlake Capital; Perforce's management also participated in the transaction. The capital will support Perforce's buy-and-build growth strategy to expand its DevOps platform, accelerate M&A activity and extend its global footprint; terms were not disclosed.
- Buyers
- Francisco Partners, Clearlake Capital Group, Perforce management team
- Targets
- Perforce Software
- Industry
- Software
- Location
- Minnesota, United States
- Transaction Type
- Growth capital
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