PRESS RELEASE
MINNEAPOLIS, Feb. 14, 2024 /PRNewswire/ — Perforce Software program (“Perforce”), a supplier of options to enterprise groups requiring productiveness, visibility, and scale alongside the event lifecycle that’s backed by Francisco Companions and Clearlake Capital Group, L.P. (along with its associates, “Clearlake”), introduced immediately that it has signed a definitive settlement to amass Delphix (or the “Firm”). Delphix’s industry-leading Knowledge Administration software program platform permits scalable automation, governance, and compliance of enterprise knowledge all through the appliance lifecycle. Monetary phrases of the transaction weren’t disclosed.
“The addition of Delphix to our portfolio provides essential knowledge administration capabilities that assist enterprise organizations understand an automatic and accelerated DevOps pipeline,” mentioned Jim Cassens, CEO of Perforce. “Along with knowledge automation and compliance, we’re additionally excited to supply our prospects with the operational efficiencies and lowered prices afforded by the Delphix platform by means of decrease storage expenditures and footprint. We look ahead to working with the Delphix workforce to proceed delivering knowledge administration innovation to our prospects.”
Many enterprise organizations immediately think about knowledge to be considered one of their most essential belongings. The flexibility to harness, mine and analyze knowledge generated each day is essential to creating considerate choices and creating aggressive benefits. Delphix helps prospects as they give the impression of being to scale knowledge utilization for analytics and testing functions, whereas releasing functions as much as 200% sooner. The Firm’s capabilities in knowledge virtualization and knowledge masking permit organizations to extra simply spin up, refresh, and tear down personal and public cloud-based knowledge environments, enhancing software supply pipelines.
“We based Delphix over 15 years in the past to assist firms automate knowledge and speed up digital transformation. As we speak, we allow knowledge governance, compliance, and automation throughout the multicloud for lots of the world’s largest manufacturers,” mentioned Jedidiah Yueh, CEO of Delphix. “As a part of Perforce, we will probably be positioned to proceed innovating and assist extra prospects understand the strategic energy of our knowledge platform.”
The addition of Delphix builds on Perforce’s current infrastructure automation providing by means of acceleration of on-demand supply, self-service take a look at environments, and steady testing choices to ship Shift Left testing with correct, compliant, and well timed take a look at knowledge. With this acquisition, Perforce continues to reveal its dedication to supply prospects with scaled DevOps options that assist remedy the world’s largest enterprises’ automation challenges.
“This strategic acquisition positions Perforce to harness the rising demand for enterprise- scale knowledge administration in testing, AI modeling, and analytics,” mentioned Evan Daar, Accomplice at Francisco Companions, and Sean Courtney, Senior Vice President at Clearlake. “The addition of Delphix additional enhances the capabilities Perforce can supply to its valued prospects, and we look ahead to catalyzing this chance to drive continued momentum for the platform.”
The acquisition is topic to customary closing circumstances and is predicted to shut within the second quarter of 2024. Centerview Companions acted as unique monetary adviser to Delphix in reference to the transaction.
About Delphix
Delphix is a number one vendor of take a look at knowledge administration software program. Delphix’s options permit firms to automate knowledge safety measures, quickly deploy take a look at knowledge to builders, and shorten software growth cycles. Greater than 30% of the Fortune 100 firms have remodeled their software growth with Delphix. To be taught extra about Delphix and its product providing, go to www.delphix.com.
About Perforce
Perforce powers innovation at scale. Perforce options future-proof aggressive benefit by driving high quality, safety, compliance, collaboration, and pace – throughout the know-how lifecycle. We carry deep area and vertical experience to each buyer, so nothing stands in the way in which of success. Privately held and funded by Clearlake and Francisco Companions, our international footprint spans greater than 80 international locations and consists of over 75% of the Fortune 100. Perforce is trusted by the world’s main manufacturers to ship options to even the hardest challenges. Speed up know-how supply, with no shortcuts. Get the Energy of Perforce.
About Francisco Companions
Francisco Companions is a number one international funding agency that makes a speciality of partnering with know-how and technology-enabled companies. Since its launch practically 25 years in the past, Francisco Companions has invested in additional than 400 know-how firms, making it one of the vital energetic and longstanding traders within the know-how {industry}. With roughly $45 billion in capital raised thus far, the agency invests in alternatives the place its deep sectoral information and operational experience may help firms understand their full potential. For extra data on Francisco Companions, please go to www.franciscopartners.com.
About Clearlake
Clearlake Capital Group, L.P. is an funding agency based in 2006 working built-in companies throughout personal fairness, credit score and different associated methods. With a sector-focused strategy, the agency seeks to associate with administration groups by offering affected person, long-term capital to companies that may profit from Clearlake’s operational enchancment strategy, O.P.S.® The agency’s core goal sectors are know-how, industrials, and client. Clearlake presently has over $75 billion of belongings beneath administration, and its senior funding principals have led or co-led over 400 investments. The agency is headquartered in Santa Monica, CA with associates in Dallas, TX, London, UK, Dublin, Eire, and Singapore. Extra data is accessible at www.clearlake.com
