Private Equity Firm Software

Francisco Partners

San Francisco, California, United States

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. It invests in software and technology-enabled services companies and provides operational support to help portfolio companies scale.

Focus Areas
Technology, Technology-enabled businesses

Tracked deals

82

82 tracked deals across 2015-2026.

Recent pace

9

9 tracked deals announced in the last 12 months.

Deal mix

Buyout

43 buyout · 25 growth capital · 6 divestiture

Francisco Partners Acquisition Volume by Year

Last 8 years

Acquisition volume by year Annual acquisition counts for the last 8 years for Francisco Partners. 9 2019 11 2020 22 2021 12 2022 8 2023 8 2024 5 2025 ~10 est. 6 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 82 tracked deals for Francisco Partners.

  • Buyer
    Francisco Partners
    Target
    Capsa Healthcare
    Seller
    Levine Leichtman Capital Partners
    Type
    Buyout

    Francisco Partners acquired Capsa Healthcare, a manufacturer of medical carts, workstations and supply cabinets, from Levine Leichtman Capital Partners. MidCap Financial led the debt financing package supporting the transaction.

  • Buyer
    Francisco Partners
    Target
    Moneris
    Seller
    Royal Bank of Canada (RBC), Bank of Montreal (BMO)
    Location
    Ontario, Canada
    Type
    Buyout

    Royal Bank of Canada (RBC) and Bank of Montreal (BMO) are in advanced negotiations to divest Moneris, their jointly owned Canadian merchant acquiring and payment processing platform, to San Francisco private equity firm Francisco Partners. The transaction is valued at more than $2 billion and would mark a shift by the two banks away from direct ownership of payment infrastructure toward partnership/licensing models.

  • Buyer
    Francisco Partners
    Target
    EfficientIP
    Seller
    EfficientIP founders, TempoCap, Jolt Capital
    Industry
    Cybersecurity
    Location
    France
    Type
    Buyout

    Francisco Partners has acquired EfficientIP, a Paris-based provider of DNS, DHCP and IP Address Management (DDI) plus DNS security technology. The deal was acquired from EfficientIP’s founders and minority investors TempoCap and Jolt Capital, with Norman Girard continuing as CEO and the founders reinvesting in the business. Financial terms were not disclosed.

  • Buyer
    Francisco Partners Management, L.P., Apollo Purchaser, Inc.
    Target
    Blackline Safety Corp.
    Seller
    Blackline Safety shareholders (as selling holders in the arrangement), DAK Capital Inc., Lowy Family Group, Cody Slater, Brad Gilewich
    Industry
    IT Services
    Location
    Alberta, Canada
    Type
    Buyout

    Francisco Partners agreed to acquire Blackline Safety Corp. in a cash-and-contingent-value-right deal valuing the equity at about USD 804 million and up to USD 850 million including contingent payments. Under the definitive arrangement agreement, Blackline shareholders will receive $9.00 per share in cash at closing plus a CVR worth up to $0.50 tied to Blackline achieving annualized recurring revenue (ARR) targets by October 31, 2027.

  • Buyer
    Francisco Partners
    Target
    Jamf
    Seller
    Jamf stockholders (voted to approve the transaction), Vista Equity Partners
    Industry
    Software
    Type
    Buyout

    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.

  • Buyer
    WindRose Health Investors, Francisco Partners
    Target
    Avalon Healthcare Solutions

    WindRose Health Investors has completed a growth investment in Avalon Healthcare Solutions, a Tampa-based diagnostic intelligence and lab benefits management platform. Existing investor Francisco Partners also made an additional investment to support Avalon’s continued product development and scaling for health plan clients.

  • Buyer
    Permira, Warburg Pincus, Temasek, Francisco Partners
    Target
    Clearwater Analytics Holdings, Inc.
    Industry
    Software
    Type
    Buyout

    Clearwater Analytics has entered into a definitive agreement to be acquired in an all-cash transaction valued at approximately $8.4 billion by an investor group led by Permira and Warburg Pincus, with participation from Temasek and support from Francisco Partners. Clearwater shareholders will receive $24.55 per share in cash, and the company is expected to become privately held (and later did close) with NYSE listing ending.

  • Buyer
    Francisco Partners
    Target
    OEConnection LLC (OEConnection, OEC)
    Seller
    Genstar Capital
    Industry
    Software
    Location
    United States
    Type
    Buyout

    Francisco Partners agreed to acquire a majority stake in OEConnection (OEC) from Genstar Capital. Genstar, along with Ford and General Motors, will retain minority ownership positions, with financial terms not disclosed.

  • Buyer
    Francisco Partners
    Target
    Elite
    Seller
    TPG Capital, Thomson Reuters
    Industry
    Software
    Location
    United States
    Type
    Buyout

    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.

  • Buyer
    Francisco Partners
    Target
    Movella Holdings Inc., Movella Inc.
    Industry
    Data & Analytics
    Location
    Netherlands

    Francisco Partners, the Company's existing senior credit investor, completed a restructuring that resulted in Francisco Partners, through a newly formed partnership, owning 100% of the capital stock of Movella. The transaction was a take‑private recapitalization of Movella; Latham & Watkins advised Francisco Partners on the matter.

  • Buyer
    Francisco Partners
    Target
    Quorum Software
    Seller
    Thoma Bravo
    Industry
    Software
    Type
    Buyout

    Francisco Partners has agreed to acquire Quorum Software, a leading provider of energy software, from Thoma Bravo. The deal will position Quorum to accelerate product and platform investment and pursue growth through organic initiatives and strategic acquisitions to expand its global energy software footprint.

  • Buyer
    Francisco Partners
    Target
    Evite
    Industry
    Cloud & SaaS

    Francisco Partners has made a strategic growth investment in Evite, the digital invitations and event-planning platform. The transaction closed in October 2024; Evite CEO David Yeom will remain CEO and a significant equity holder and financial terms were not disclosed.

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