ETHERFAX Acquires Weave Cloud Solutions’ Weave Flow After Strategic Investment by Telegraph Hill Partners

Francisco Partners to Acquire Weave Communications

August 18, 2026

Software

Francisco Partners agreed to acquire Weave Communications in an all-cash transaction valuing the company at approximately $650 million, or $7.40 per share—a premium of about 34% to Weave’s unaffected share price. The proposed take-private is expected to close in the fourth quarter of 2026, subject to stockholder and regulatory approvals; Weave plans to continue operating under its name from Lehi, Utah.

Figma Acquires Weavy to Launch Figma Weave

October 31, 2025

AI & Machine Learning

Figma has acquired Weavy, a Tel Aviv–based AI-powered image and video generation startup, to create a new product line called Figma Weave. The ~20-person Weavy team will join Figma and continue operating independently in the near term as the company integrates Weavy’s generative media and editing capabilities into Figma’s design ecosystem; financial terms were not disclosed.

Falfurrias Management Partners Makes Strategic Investment in Woven Solutions

August 12, 2025

IT Services

Woven Solutions, a Reston, Virginia engineering firm serving the national security community, announced a strategic investment from Falfurrias Management Partners. The equity investment (from Falfurrias Capital Partners VI) is intended to provide resources and capital to accelerate Woven’s development of advanced technical solutions, including AI/ML, cloud modernization, and cybersecurity.

Apex Group Acquires Flow (FTS Tech, Inc.)

April 8, 2025

Cloud & SaaS

Apex Group Ltd. has acquired FTS Tech, Inc. (trading as Flow), a private-markets SaaS platform that streamlines fund management, onboarding, and investor engagement. The acquisition (Flow brings ~15 employees and $17bn AUA) integrates Flow's technology into Apex's fund administration and middle-office services to expand digital capabilities and deliver an end-to-end private markets infrastructure.

Docufree Acquires TrustFlow Digital Solutions

July 5, 2023

Professional Services

Docufree, a provider of enterprise information management and cloud-based document services, has acquired TrustFlow Digital Solutions to expand its digital mailroom and business process outsourcing capabilities. TrustFlow, headquartered in Moosic, Pennsylvania with ~200 employees and locations in New Jersey, Iowa and Ohio, serves large customers in insurance, healthcare and financial services.

Brex Acquires Weav for $50M

August 17, 2021

Cloud & SaaS

Brex acquired Israeli commerce-API startup Weav for $50 million to accelerate connectivity across its finance platform and establish an innovation hub in Israel. The deal brings Weav’s universal API technology and team into Brex to expand product capabilities and support global customers.