Operating Company Software

Perforce Software

Minneapolis, Minnesota, United States

Perforce is a modern DevOps platform that helps organizations govern software delivery in the age of AI execution. It enforces guardrails across code, quality, infrastructure, and data so teams can innovate faster without introducing risk.

Focus Areas
DevOps, Version control systems, Application lifecycle management
Website
perforce.com

Tracked deals

10

10 tracked deals across 2017-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

7 buyout · 2 addon · 1 growth capital

Perforce Software Acquisition Volume by Year

Last 8 years

Acquisition volume by year Annual acquisition counts for the last 8 years for Perforce Software. 1 2017 1 2018 2 2019 1 2020 2 2021 1 2022 1 2024 1 2025

Supporting Data

Recent Transactions

  • Buyer
    Perforce Software
    Target
    Snowtrack (P4 One)
    Industry
    Software
    Location
    Quebec, Canada
    Type
    Buyout

    Perforce Software has acquired Snowtrack (now P4 One), an intuitive version control client aimed at artists and designers, to extend Perforce’s P4 Platform and bridge collaboration between technical and creative teams. P4 One is available in closed beta with a full global launch planned for later in 2025, and the acquisition strengthens Perforce’s offerings for game development, media & entertainment, and other creative industries.

  • Buyer
    Perforce Software, Francisco Partners, Clearlake Capital Group, L.P.
    Target
    Delphix
    Industry
    Cloud & SaaS
    Type
    Buyout

    Perforce Software completed its acquisition of Delphix, adding enterprise test data management capabilities to its DevOps-focused portfolio. The deal was initially announced in February 2024 and was expected to close in Q2 2024; financial terms were undisclosed.

  • Buyer
    Perforce Software, Francisco Partners, Clearlake Capital Group
    Target
    Puppet
    Industry
    Software
    Type
    Buyout

    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.

  • Buyer
    Perforce Software
    Target
    BlazeMeter Continuous Testing (BlazeMeter)
    Seller
    Broadcom Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    Perforce Software, a private, PE-backed provider of DevOps and application quality tools, agreed to acquire the BlazeMeter Continuous Testing platform from Broadcom in a deal announced September 30, 2021 and completed October 30, 2021. Financial terms were not disclosed; Perforce said the acquisition expands its application quality portfolio by adding BlazeMeter’s SaaS-based load, performance, API and unified continuous testing capabilities.

  • Buyer
    Perforce Software, Clearlake Capital Group, L.P., Francisco Partners
    Target
    21 Labs
    Industry
    Software
    Location
    Israel
    Type
    Buyout

    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.

  • Buyer
    Perforce Software, Inc., Clearlake Capital Group, L.P., Francisco Partners
    Target
    Methodics, Inc.
    Industry
    Software
    Type
    Buyout

    Perforce Software, a provider of enterprise DevOps solutions backed by Clearlake Capital and Francisco Partners, has acquired Methodics, a San Francisco–based provider of IP lifecycle management and traceability solutions. The acquisition expands Perforce’s DevOps portfolio and deepens its offering for semiconductor and embedded systems customers to improve IP traceability, reuse, and collaboration across distributed design teams.

  • Buyer
    Francisco Partners, Clearlake Capital Group, Perforce management team
    Target
    Perforce Software
    Industry
    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.

  • Buyer
    Perforce Software, Inc., Clearlake Capital Group
    Target
    Rogue Wave Software
    Seller
    Audax Private Equity
    Industry
    Software
    Type
    Addon

    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.

  • Buyer
    Perforce Software, Clearlake Capital Group
    Target
    Programming Research Ltd. (PRQA)
    Industry
    Software
    Location
    United Kingdom
    Type
    Addon

    Perforce Software, backed by Clearlake Capital, has acquired Programming Research Ltd. (PRQA), a UK-based provider of enterprise-grade static code analysis tools. The acquisition adds PRQA’s static code analyzers to Perforce’s portfolio to enhance software reliability, security, and compliance for mission- and safety-critical industries.

  • Buyer
    Perforce Software
    Target
    Hansoft Technologies
    Industry
    Software
    Location
    Uppsala County, Sweden
    Type
    Buyout

    Perforce Software acquired Sweden-based Hansoft Technologies to add enterprise Agile planning and project portfolio management capabilities to its developer productivity and lifecycle management portfolio. The acquisition expands Perforce’s product suite for large-scale development teams and aims to broaden Hansoft’s global reach using Perforce’s resources.

Related Acquisition Pages

Selling a company? Get in front of buyers like Perforce Software

Turn tracked acquisition activity into an outreach-ready buyer list.