Francisco Partners Acquires Sumo Logic

May 12, 2023

Francisco Partners has completed its acquisition of Sumo Logic for $12.05 per share in cash, valuing the company at approximately $1.7 billion. The transaction takes Sumo Logic private and positions the SaaS analytics provider to accelerate product innovation and growth in observability and security for cloud-native applications.

Buyers
Francisco Partners
Targets
Sumo Logic
Sellers
Sumo Logic stockholders
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

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