Private Equity

Perforce Software Announces Strategic Investment From Francisco Partners

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Francisco Partners and Clearlake to Become Equal Partners Additional Capital to Accelerate the DevOps Platform's Organic and Inorganic Growth MINNEAPOLIS and SAN FRANCISCO and SANTA MONICA, Calif., April 30, 2019-- Perforce Software ("Perforce" or the "Company"), a global provider of enterprise-grade development operations ("DevOps") software solutions, today announced a significant new equity investment from Francisco Partners, a global technology-focused private equity fund. With the investment, Francisco Partners will become an equal partner with affiliates of Clearlake Capital Group, L.P. ("Clearlake"), which initially invested in Perforce in late 2017. Terms of the transaction were not disclosed.

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