- Praecipio partnered with Periscope in the summer of 2021 and expects to continue to invest in the Atlassian, Dev Ops, and Agile suite
- Coyote Creek is headquartered in Silicon Valley
- Periscope Equity invests in technology-enabled service and software companies
Praecipio Consulting, a portfolio company of Periscope Equity, has acquired Coyote Creek, a provider of IT and engineering services across the Atlassian platform. No financial terms were disclosed.
Praecipio Consulting is a cloud-first business and technology consulting firm.
Praecipio is an independent Atlassian partner, specializing in optimization, implementation, and cloud migration, and was named Atlassian Partner of the year for five out of the last six years. Praecipio partnered with Periscope in the summer of 2021 and expects to continue to invest in the Atlassian, Dev Ops, and Agile suite.
“The mission-aligned partnership between Praecipio and Coyote Creek is a defining moment for the company, creating a world-class platform,” said Periscope Principal Eric Hinkle, in a statement. “We look forward to supporting the combined company’s growth through this partnership and reinforcing our commitment to Praecipio’s focus to solve complex business problems, empower teams to perform at their best, and drive exceptional customer experiences.”
Coyote Creek is headquartered in Silicon Valley.
Periscope Equity is a Chicago-based private equity firm focused on investments in technology-enabled service and software companies.