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Clearlake Capital Group and Francisco Partners complete acquisition of Synopsys Software Integrity Group, establishing Black Duck Software, Inc.

Clearlake Capital Group and Francisco Partners complete acquisition of Synopsys Software Integrity Group, establishing Black Duck Software, Inc.

10/02/24, 1:43 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsanta monica
https://purecatamphetamine.github.io/country-flag-icons/3x2/PA.svgsan francisco
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgburlington
Industry
finance
venture capital
software
Clearlake Capital Group and Francisco Partners have successfully completed the acquisition of the Synopsys Software Integrity Group, establishing the independent application security company as Black Duck Software, Inc. Black Duck, formerly known as the Synopsys Software Integrity Group, will continue its mission to help organizations build trust in their software and provide application security solutions to address the increasing demands for cutting-edge application security solutions.

Company Info

Company
Clearlake Capital Group
Location
Santa Monica, California, United States
Company info
Clearlake is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. 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, O.P.S.® The firm's core target sectors are technology, industrials and consumer. Clearlake currently has approximately $39 billion of assets under management and its senior investment principals have led or co-led over 300 investments. The firm has offices in Santa Monica and Dallas. More information is available at https://www.clearlake.com.
Company
Francisco Partners
Location
San Francisco, Panamá Province, Panama
Company info
Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch over 20 years ago, Francisco Partners has invested in over 400 technology companies, making it one of the most active and longstanding investors in the technology industry. With more than $45 billion in assets under management, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit www.Franciscopartners.com.

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