Antares Capital served as administrative agent and lead left arranger on a senior secured credit facility to support Clearlake Capital Group’s acquisition of Perforce Software.
Headquartered in Minneapolis, MN, Perforce is a provider of enterprise scale software solutions to technology developers and development operations teams requiring productivity, visibility and scale during all phases of the development lifecycle.
“During this transaction, we valued Antares’ software sector knowledge and their familiarity with Perforce,” said Behdad Eghbali, co-founder and managing partner at Clearlake. “They were flexible and worked closely with us to efficiently execute the financing.”
“As leaders in supporting TMT borrowers, we were pleased to work with Clearlake on their latest investment in Perforce,” said Matthew Fleming, managing director with Antares. “Clearlake’s deep software experience will be invaluable to Perforce as they look to accelerate their growth.”
Founded in 2006, Clearlake Capital Group is a private investment firm that focuses on software and technology-enabled services, industrials and energy and consumer.
