Francisco Partners Acquires The Weather Company from IBM
February 1, 2024
Francisco Partners has completed its acquisition of The Weather Company from IBM, creating a standalone business led by CEO Sheri Bachstein. The deal positions The Weather Company to accelerate product innovation and expand its enterprise offerings across industries such as media, advertising and aviation with additional capital and operating support.
- Buyers
- Francisco Partners
- Targets
- The Weather Company
- Sellers
- IBM
- Industry
- Data & Analytics
- Location
- Georgia, United States
- Transaction Type
- Divestiture
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