Francisco Partners to Acquire Litmos from SAP

Francisco Partners Acquires VitalSource from Ingram Content Group

April 14, 2021

Education

Francisco Partners has signed a definitive agreement to acquire VitalSource Technologies LLC from Ingram Content Group. VitalSource is an education technology company (Bookshelf learning platform) serving millions of learners and partnering with publishers and institutions; the deal is expected to close in summer pending regulatory approval and is intended to accelerate VitalSource's product and market growth.

SAP to Acquire SmartRecruiters

August 1, 2025

Cloud & SaaS

SAP has entered into an agreement to acquire SmartRecruiters, a talent acquisition (TA) software provider. The deal is intended to strengthen SAP’s SuccessFactors human capital management (HCM) suite by integrating SmartRecruiters’ high-volume recruiting and AI-enabled candidate engagement capabilities. The transaction is expected to close in the fourth quarter of 2025, subject to customary regulatory approvals; financial terms were not disclosed.

Francisco Partners Completes Acquisition of Sumo Logic

May 12, 2023

Cloud & SaaS

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.

GFT Technologies Agrees to Acquire SAP Specialist Megawork in Brazil

July 15, 2025

IT Services

GFT Technologies SE has agreed to acquire 100% of Megawork Consultoria e Sistemas Ltda., a Brazilian SAP consultancy, in an all-cash transaction. The deal is intended to accelerate GFT’s SAP ecosystem entry and expand high-value SAP services, including leveraging GFT’s GenAI product Wynxx to improve SAP transformation delivery.

Salesforce Acquires ClickSoftware from Francisco Partners for $1.4B EV

October 1, 2019

Software

Salesforce has agreed to acquire ClickSoftware from Francisco Partners for an enterprise value of $1.4 billion, adding Click's AI-driven field service management and scheduling capabilities to Salesforce's Service Cloud. Francisco Partners, which took Click private in 2015, was advised by Goldman Sachs and Paul Hastings during the transaction.

Francisco Partners to Acquire Elite Legal Tech Provider

August 8, 2025

Software

Francisco Partners will acquire Elite, a legal industry software and integrated payments solutions provider, from TPG Capital and Thomson Reuters. The deal is expected to close in the third quarter of 2025, subject to customary closing conditions, and terms were not disclosed.