logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

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

Oct 02, 2024•about 1 year ago

Acquiring Company

Clearlake Capital Group

Acquired Company

Black Duck

Santa MonicaSan FranciscoBurlingtonFinanceVenture CapitalSoftware

Description

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 Information

Company

Clearlake Capital Group

Location

Santa Monica, California, United States

About

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

Jawbreaker Parent

Location

San Francisco, California, United States

About

Jawbreaker Parent, Inc. is a Delaware corporation and an affiliate of Francisco Partners Management, L.P. The company is focused on technology investments and management. Its operations include strategic mergers and acquisitions in the technology sector. As a parent company, it oversees the activities of its subsidiaries.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed