diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 955a7e4..f742038 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.1.0
+current_version = 1.2.0
 commit = True
 
 [bumpversion:file:src/pyproject_hooks/__init__.py]
diff --git a/docs/changelog.rst b/docs/changelog.rst
index 73eea77..4b68795 100644
--- a/docs/changelog.rst
+++ b/docs/changelog.rst
@@ -1,6 +1,14 @@
 Changelog
 =========
 
+v1.2
+----
+
+- Improve interoperability with ``importlib.metadata``, fixing a regression
+  in setuptools compatibility in 1.1 (#199).
+- Clean up the ``_in_process`` directory inside the package from ``sys.path``
+  before imporing the backend (#193).
+
 v1.1
 ----
 
diff --git a/src/pyproject_hooks/__init__.py b/src/pyproject_hooks/__init__.py
index df857df..746b89f 100644
--- a/src/pyproject_hooks/__init__.py
+++ b/src/pyproject_hooks/__init__.py
@@ -12,7 +12,7 @@
     quiet_subprocess_runner,
 )
 
-__version__ = "1.1.0"
+__version__ = "1.2.0"
 __all__ = [
     "BackendUnavailable",
     "BackendInvalid",