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

PRIVATEOct 02, 2024

Acquiring Company

Jawbreaker Parent

Acquired Company

Black Duck

San FranciscoUnited StatesVenture CapitalAngel InvestmentFinancial ServicesSoftwareLending And InvestmentsFinanceInformation TechnologySoftwareSecurityConsulting

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.

Quick answer

Jawbreaker Parent and Clearlake Capital are acquiring Black Duck, announced October 3, 2024. Jawbreaker Parent is based in San Francisco, California, United States.

How much did Jawbreaker Parent pay for Black Duck?
The deal value was not disclosed.
What does Jawbreaker Parent do?
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.
Where are Jawbreaker Parent and Black Duck based?
Jawbreaker Parent is based in San Francisco, California, United States. Black Duck is based in United States.

Source: Fundz verified event record.

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Company Information

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.

Company

Clearlake Capital

About

Clearlake Capital Group, L.P. and Francisco Partners are global private equity firms with a strong track record of investing in growing software platforms. They specialize in working with leading technology companies to carve out divisions and business units that can benefit from greater focus and flexibility as standalone entities, and where their operating teams can bring resources and expertise to help accelerate growth.

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Frequently asked

Who acquired Black Duck?

Black Duck was acquired by Jawbreaker Parent, based in San Francisco. The deal was reported on October 2, 2024. 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. Jawbreaker Parent is privately held and operates in Venture Capital.

When did Jawbreaker Parent acquire Black Duck?

Jawbreaker Parent's acquisition of Black Duck was reported on October 2, 2024. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Black Duck do?

Black Duck is recognized for its leadership in the Application Security Testing space and has been featured in the Gartner Magic Quadrant for several years. It is privately held, operating in Information Technology, and is based in United States.

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