TPG Closes on CollabNet VersionOne Acquisition
Summary
Together with TPG, CollabNet is poised to meet the needs of large enterprises that require end-to-end software infrastructure to connect Agile and DevOps teams and activities to business value, and speed application delivery to improve bottom-line results. “Having the resources and support of TPG will accelerate our ability to meet the unique needs of larger organizations that are frustrated with disparate tools and processes that hinder business transformation. Barclays and RBC Capital Markets acted as financial advisors to TPG and Ropes & Gray LLP served as legal counsel. Its offerings provide global enterprise and government industry leaders a cohesive solution that enables them to ideate, create and orchestrate the flow of value through continuous delivery pipelines with measurable business outcomes. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.
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