Perforce Software Acquires Programming Research Ltd. (PRQA)

Perforce (a Clearlake portfolio company) Acquires Rogue Wave Software from Audax Private Equity

February 20, 2019

Software

Perforce Software, a Clearlake Capital portfolio company, has acquired Rogue Wave Software from Audax Private Equity. Rogue Wave, headquartered in Louisville, Colorado, provides developer tools, API management and open source support to large enterprise customers; the deal is an add-on to expand Perforce's developer tools platform. Terms were not disclosed.

Francisco Partners Invests in Perforce Software, Joining Clearlake as Equal Partner

July 8, 2019

Software

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.

Perforce Acquires 21 Labs

May 17, 2021

Software

Perforce Software, backed by Clearlake Capital and Francisco Partners, acquired 21 Labs, an AI-based scriptless mobile testing SaaS provider, to expand its Perfecto intelligent test automation portfolio. The acquisition integrates 21 Labs' framework-agnostic, self-learning mobile test automation into Perforce's Perfecto platform to deliver broader continuous testing capabilities for enterprise customers.

Perforce Software Acquires Puppet

April 11, 2022

Software

Perforce Software, a provider of enterprise DevOps and development lifecycle solutions backed by Francisco Partners and Clearlake Capital, signed a definitive agreement to acquire Puppet, an infrastructure automation and infrastructure-as-code software provider. The acquisition (terms undisclosed) brings Puppet's DevOps and security automation capabilities into Perforce's portfolio to expand its ability to manage and secure infrastructure across data centers, clouds, and the edge; the deal was expected to close in Q2 2022.

Clearlake Capital Completes Acquisition of Quest Software from Francisco Partners

February 2, 2022

Cybersecurity

Clearlake Capital Group completed its acquisition of Quest Software from Francisco Partners, making Clearlake the majority shareholder and partnering with Quest’s existing management team to pursue a buy-and-build strategy. The investment aims to accelerate Quest’s cloud/SaaS adoption, expand its identity-centric cybersecurity, data intelligence, and IT operations management offerings, and drive growth organically and through M&A.

OakLeaf Software, Inc. Acquires DPRA

September 2, 2020

IT Services

OakLeaf Software, Inc., led by retired Rear Admiral Mark Heinrich, has acquired DPRA, a 60-year-old provider of custom software, environmental analysis and public sector consulting headquartered in Manhattan, Kansas. The combined company will increase investment in cloud-based enterprise software and augment leadership, with DPRA's CEO Denis O'Keefe stepping down to a board role and new senior hires added to the leadership team.