Perforce Has Been Acquired by Clearlake Capital

About Perforce

• Perforce is a provider of the industry’s most flexible, scalable and secure version control and collaboration platform serving DevOps teams across all phases of the software development lifecycle
• Perforce is trusted by the world’s most innovative brands, including NVIDIA, Pixar, Scania, Ubisoft and VMware – over 3,000 companies across the globe rely on its agile project management, developer collaboration, version control and repository management solutions as the foundation for DevOps at enterprise scale
• Perforce was founded in 1995 and is headquartered in Minneapolis with over 225 employees
• Perforce was a portfolio company of Summit Partners, a leading venture capital and growth equity firm focused on technology, healthcare and growth products and services

About Clearlake Capital

• Clearlake Capital is a leading private investment firm founded in 2006 and located in Santa Monica
• With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach – the firm’s core target sectors are software and technology-enabled services, industrials and energy and consumer
• Clearlake has managed approximately $6 billion of institutional capital since inception and its senior investment principals have led or co-led over 100 investments