Francisco Partners Completes Acquisition of Sumo Logic
May 12, 2023
Francisco Partners completed its acquisition of Sumo Logic, a SaaS analytics platform for observability and security, for $12.05 per share in cash. The deal was valued at approximately $1.7 billion and will take Sumo Logic private, with its NASDAQ listing ending.
- Buyers
- Francisco Partners
- Targets
- Sumo Logic
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Sumo Logic Acquires JASK Labs
November 4, 2019
Cybersecurity
Sumo Logic acquired JASK Labs to integrate JASK's cloud-native Autonomous Security Operations Center (ASOC) capabilities into Sumo Logic's Continuous Intelligence Platform, expanding its cloud-native security intelligence, cloud SIEM and compliance offerings. The deal adds JASK's security engineering talent and an Austin, Texas office to Sumo Logic and aims to reduce alert fatigue and automate SOC workflows for modern, multi-cloud environments.
-
Francisco Partners Acquires Jamf (Take-Private)
January 30, 2026
Software
Francisco Partners (FP) completed the take-private acquisition of Jamf in an all-cash deal valued at approximately $2.2 billion, paying $13.05 per share. Jamf shareholders approved the transaction on January 8, 2026, and Jamf’s shares were delisted from NASDAQ upon close so the company can operate as a privately held business.
-
Francisco Partners and Evergreen Coast Capital Acquire LogMeIn for $4.3B
December 17, 2019
Cloud & SaaS
Affiliates of Francisco Partners and Evergreen Coast Capital Corporation have entered into a definitive agreement to acquire LogMeIn, Inc. for $86.05 per share in an all-cash transaction valuing the company at approximately $4.3 billion. The deal — approved by LogMeIn's board and expected to close in mid-2020 subject to approvals — will take the Boston-based SaaS company private to accelerate product investment and long-term growth.
-
MBO Partners Acquires MindSumo, Inc.
September 29, 2020
Marketing & Advertising
MBO Partners has acquired MindSumo, an open innovation and crowdsourcing platform based in Durham, North Carolina. The acquisition adds MindSumo's community and crowdsourced innovation capabilities to MBO's independent-workforce platform, enabling expanded services for enterprise clients focused on product development, market research and co-creation.
-
Francisco Partners Acquires Majority Stake in PayScale
April 25, 2019
Cloud & SaaS
Francisco Partners has made a majority growth investment in PayScale, Inc., valuing the Seattle-based SaaS compensation data and analytics provider at an enterprise value of $325 million. Warburg Pincus is exiting its investment as part of the transaction, and the capital will be used to support PayScale’s product innovation and growth.
-
JobNimbus Acquires SumoQuote
April 7, 2020
Cloud & SaaS
JobNimbus has acquired SumoQuote to integrate SumoQuote’s estimating and proposal capabilities into JobNimbus’s contractor management platform. The acquisition is intended to give roofing and home-exterior contractors a more comprehensive sales-to-service workflow and a streamlined quoting process.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.