Francisco Partners Makes Strategic Growth Investment in Accela

Concord Health Partners Leads Growth Financing in Accelus

May 29, 2025

Medical Devices

Accelus, a Palm Beach Gardens-based medical technology company specializing in expandable spinal implant technologies, closed a new equity financing round led by healthcare-focused investment firm Concord Health Partners. The capital will support Accelus's U.S. commercial expansion and further development of its spinal implant product pipeline.

Bow River Capital Makes Majority Investment in Accelo

February 29, 2024

Cloud & SaaS

Bow River Capital’s Software Growth Equity (SGE) Team has made a majority-controlled platform investment in Accelo to accelerate the development and global growth of its cloud-based Professional Services Automation (PSA) SaaS, including the V4.0 launch, UX improvements, and AI capabilities. Charles Chen of Level Equity will remain on Accelo’s board following the transaction.

Francisco Partners Makes Strategic Growth Investment in Acoustic

October 18, 2022

Marketing & Advertising

Acoustic, a provider of unified marketing and customer experience technology for B2C brands, has received a strategic growth investment from Francisco Partners while existing investor Centerbridge Partners remains the primary equity holder. The capital will support Acoustic’s platform vision, accelerating product development and expansion of its personalized multichannel marketing and analytics capabilities.

Francisco Partners Makes Strategic Growth Investment in Drawbridge

September 1, 2022

Cybersecurity

Francisco Partners has made a strategic growth investment in Drawbridge, a cybersecurity software provider focused on the alternative investment industry. Existing investor Long Ridge and Drawbridge's leadership team remain significant equity holders; the capital will be used to accelerate product development and expand Drawbridge's market reach. The transaction closed on September 1 with terms undisclosed.

Francisco Partners Makes Strategic Growth Investment in Paradigm

October 13, 2021

Software

Francisco Partners has made a strategic growth investment in Paradigm, the software group that manages PracticePanther, Bill4Time, MerusCase and Headnote, to support product innovation and continued growth. Paradigm, formed by ASG and backed by Alpine Investors, will use the capital and Francisco Partners' software and payments expertise to expand its product suite and accelerate adoption among law firms; the transaction is expected to close in Q4 with terms undisclosed.

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.