Corporate Development
at Progress

Driving growth and mutual value through strategic acquisitions.

With a proven strategy, infrastructure and a determined commitment to close, learn what makes Progress an acquirer of choice.

Proven. Committed. Ready to Close.

The Progress Corporate Development team drives a disciplined “Total Growth Strategy,” charged with doubling the size of the company every five years. To reach this goal, we have a dedicated group of business development professionals equipped with the strategy, infrastructure, people and processes to successfully acquire and integrate companies at scale.

Each complementary technology we acquire strengthens our ability to deliver the best products to develop, deploy and manage the high-impact applications that run our technology-driven world. But more importantly, each furthers our commitment to continually address a broader set of customer needs.

Yogesh Gupta Chief Executive Officer

By growing Progress through M&A we’re not only able to expand our best-in-class product portfolio, better serve our customers and create shareholder value, but we get access to top talent, learning new ways of thinking, that has helped us evolve as a business.

Jeremy Segal Executive Vice President, Corporate Development

What Makes Progress an Acquirer of Choice?

Progress is a global leader serving the entire infrastructure software ecosystem, giving companies a proven merger and acquisition (M&A) partner who works diligently—and quickly—to close deals. With Progress you can expect:

High Certainty to Close

Our acquisition model focuses on speed, efficiency and a high certainty-to-close. Our agility made possible by being well-capitalized and having deep executive involvement throughout the deal process. As an established, publicly traded company with more than 40 years of demonstrated successes, Progress has proven acquisition experience few can equal.

Strong Customer Loyalty

A deep infrastructure software product portfolio, unmatched expertise and a 20% annual reinvestment into R&D has earned Progress a loyal and global following of over 100,000 enterprise customers and 3.5 million developers.

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Unwavering Employee Commitment

Our high employee retention rate, commitment to personal development and ability to empower people to pursue their passions, drives innovation and fuels a thriving and award-winning corporate culture.

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”Progress has put a lot of work into what Chef started to formalize integrations and make them more robust and adaptable.”

Brittany Woods, manager of server automation, H&R Block

Why We Acquire: Our Total Growth Strategy

Our three-pronged Total Growth Strategy is used to achieve strong and consistent company growth.

Invest and Innovate
Acquire and Integrate
Drive Customer Success

Our goal is to grow revenue, products and customers by acquiring strong infrastructure software companies that fill mission-critical customer needs around the globe. This means acquiring companies sharing our passion for driving innovation and customer success. With a proven ability to find synergistic cultures with those we acquire, our Total Growth Strategy accelerates company performance, fosters employee development and delivers sustained shareholder value.

Criteria for Acquisitions: Finding the Right Fit

By focusing on the right strategic fit and target criteria, we have proven that the post-close united whole can deliver greater revenue, innovation and marketplace potential than the sum of our individual parts.

Staying true to our evaluation model ensures that each acquisition we make adds both scale and cash flow to Progress while securing the long-term viability for the companies and technologies we acquire.

We look for companies that offer:

Strong recurring revenue model
Valued products with high retention and renewal rates
Complementary technologies to our software infrastructure portfolio
Strong alignment between company cultures and values
Clear opportunity to leverage our proven operating model and infrastructure for efficiency gains

Contact the Corporate Development Team