Francisco Partners Completes Take-Private Restructuring of Movella

Francisco Partners Acquires Litmos from SAP

December 1, 2022

Cloud & SaaS

Francisco Partners has agreed to acquire SAP Litmos from SAP, a carve-out intended to relaunch Litmos as an independent, growth-focused company. The transaction, announced in 2022, will allow Francisco Partners to invest in product development, expand the team, and accelerate customer success initiatives; the deal was expected to close in Q4 2022.

Francisco Partners Makes Significant Growth Investment in Veson Nautical

March 17, 2022

Cloud & SaaS

Francisco Partners has entered a definitive agreement to make a significant equity investment in Veson Nautical alongside existing investor Pamlico Capital and co-founder John Veson. The growth capital will help Veson accelerate product innovation, organic growth and pursue a targeted acquisition strategy in the maritime freight software market.

Vista Equity Partners Invests in SmartBear; Francisco Partners Remains Co-Owner

October 21, 2020

Software

SmartBear announced that Vista Equity Partners has made a significant investment and will join Francisco Partners as equal owners of the company. The capital infusion is intended to help SmartBear broaden and strengthen its DevOps and software quality solutions and to pursue continued organic and inorganic growth. SmartBear is headquartered in Somerville, Massachusetts and serves millions of developers across thousands of organizations.

Francisco Partners Makes Strategic Growth Investment in Accela

September 6, 2023

Government & Public Sector

Accela, a provider of cloud-based government software, received a strategic growth investment from Francisco Partners while Berkshire Partners remains a significant, equal equity investor. The undisclosed capital will be used to accelerate Accela's product and market growth as the company expands its civic cloud platform for state and local governments.

Bain Capital and MV Credit-led Consortium Recapitalizes Pronovias Group

December 20, 2022

Retail

Pronovias Group agreed a binding recapitalization that transfers majority ownership from BC Partners to a consortium led by Bain Capital and MV Credit. The recapitalization will reduce the Group's debt, extend maturities and inject liquidity to support Pronovias' growth strategy and strengthen its balance sheet.

Accel-KKR Invests in Vendavo with Re-investment from Francisco Partners

August 4, 2021

Cloud & SaaS

Vendavo, the Denver-based AI-enabled pricing and CPQ SaaS provider, secured a major strategic investment from Accel-KKR while existing owner Francisco Partners re-invested. The capital will be used to accelerate product development, expand go-to-market efforts, and support partnership and M&A initiatives to scale Vendavo's leadership in B2B pricing and CPQ solutions.