Perforce Software, a portfolio company of Francisco Partners and Clearlake Capital, has agreed to acquire Puppet

Puppet

Puppet empowers people to innovate through infrastructure automation. For more than a dozen years, Puppet has pioneered the way in which infrastructure and operations teams scale infrastructure in the largest and fastest-growing organizations in the world. More than 40,000 organizations — including over 80% of the Global 5000 — have benefited from Puppet’s open source and commercial solutions to strengthen customers’ security posture, compliance and business resiliency beyond the data center to the cloud. Headquartered in Portland, Oregon, Puppet is a privately-held company with offices in London, Singapore, Sydney and Belfast, Ireland.

The Deal

With the addition of Puppet’s “infrastructure-as-code” capabilities, the breadth of Perforce Software’s product portfolio expands to address the entire development and operations (DevOps) lifecycle for enterprises. In addition, Perforce’s support of commercial open source is unmatched with brands such as Open Logic, Zend and now Puppet.

Our Perspective

Roger Knight, Managing Director in Lincoln’s Technology, Media & Telecom Group, commented, “We are excited to have advised Francisco Partners, Clearlake and Perforce on this strategic transaction. The acquisition of Puppet, a DevOps pioneer, allows Perforce to expand its capabilities to automate, scale and integrate security and compliance across hybrid infrastructure.”

Perforce Software

Perforce powers innovation at unrivaled scale. Perforce solutions future-proof competitive advantage by driving quality, security, compliance, collaboration and speed across the technology lifecycle. Perforce brings deep domain and vertical expertise to every customer. Privately held and funded by Clearlake Capital and Francisco Partners, Perforce’s global footprint spans more than 80 countries and includes over 75% of the Fortune 100. Perforce is trusted by the world’s leading brands to deliver solutions to even the toughest challenges.

Perforce FP Clearlake Puppet 2022
  • 2022
    Close Year
  • Technology, Media & Telecom
    Industry
  • PE Backed
    Client Type
  • Strategic | Domestic
    Transaction Type
  • USA
    Country
In this competitive market, Lincoln’s thoughtful advice, industry insights and top-notch execution provided an advantage in the Puppet transaction.
Mark Ties
Chief Executive Officer at Perforce Software

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