Sidley represented Perforce Software, a Clearlake Capital portfolio company, in Francisco Partners’ strategic equity investment in Perforce Software. Francisco Partners, a global technology-focused private equity fund, will become an equal partner with affiliates of Clearlake Capital. Terms of the transaction were not disclosed.
The team was led by partner Mehdi Khodadad (Century City). Lead team members included partner Jonathan Blackburn (Chicago) and associates Thomas Larkin, Roey Gilberg and Jeff Brandt (Century City) and Katherine Gomer (San Francisco).