Perforce Software, backed by Francisco Partners and Clearlake Capital Group, has signed a definitive agreement to acquire Puppet, an infrastructure automation software platform which enables users to deliver, update, monitor, and secure software across physical and virtual machines. The two companies didn’t disclose the terms of the acquisition.
The addition of Puppet builds on Perforce’s existing DevOps portfolio, allowing Perforce to continue its focus on DevOps at scale and solve some of the most difficult automation challenges in the world’s largest enterprises.
Like Perforce, Puppet delivers solutions to some of the biggest companies in the world, including, as of year-end 2021, 85 percent of the world’s largest banks and 80 percent of the world’s top technology organizations. Together, the combined company will be helping to drive innovation at its combined customer base, which includes 40 companies of the Fortune 50.
“This acquisition expands our product offering by adding new capabilities for enterprise DevOps teams to manage and secure their critical infrastructure,” said Mark Ties, CEO of Perforce.
“Puppet has been in the DevOps space for over 15 years with a focus on infrastructure-as-code and operators. Going forward, however, we believe enterprise customers are looking for strategic partners who can provide more breadth and depth across the entire DevOps lifecycle. Integrating Puppet into Perforce does just that,” said Yvonne Wassenaar, CEO of Puppet.
The acquisition is expected to close in the second quarter of 2022.