Francisco Partners
Assets
In the portfolio of Francisco Partners - investments in such high-tech companies as, Blue Coat, Barracuda WatchGuard dealing with issues, cyber security as well as in the payment system of 2Checkout, a hosting developer ON Plex and others.
History
2023: IBM sold weather company Weather for half the price it bought. She lost $1 billion
On August 22, 2023, IBM Corporation announced the sale of assets of the Weather Company division specializing in meteorological services. The buyer is the investment company Francisco Partners. Read more here.
2022: Purchase of medical tech company Watson Health
In mid-January 2022, IBM announced the sale of Watson Health Unit to global investment firm Francisco Partners. The financial terms of the transaction were not disclosed. The deal is expected to close in the second quarter of 2022. Read more here.
2021
Quest Software Developer Sale
In late November 2021, Clearlake Capital Group, an investment firm, bought Quest Software from Francisco Partners. The deal amounted to $5.4 billion, including the share of information security solutions sold by the manufacturer. Read more here.
Buying lab software business from Abbott
In early July 2021, the global investment company Francisco Partners announced the purchase of Starlims laboratory software business from Abbott. The financial terms of the deal were not disclosed. Read more here.
Purchase of service for integration of SaaS Boomi applications
In early May 2021, Dell announced an agreement to sell Boomi to investment companies Francisco Partners and TPG Capital for $4 billion. It is planned to close the deal by the end of 2021. Read more here.
2019: Buying a medical equipment business from Qualcomm
February 11, 2019 Qualcomm announced the sale of its subsidiary Qualcomm Life specializing in medical equipment. The business was taken over by private equity firm Francisco Partners and given a new name, Capsule Tech, as the company will operate on its own after the deal closes. More. here
2018: $3.4 billion purchase of Verifone Systems
In April 2018, the sale of Verifone Systems to private hands was announced, so the company will leave the exchange. The bank terminal maker is being bought by a group of investors led by Francisco Partners and with the participation of Canadian institutional investor British Columbia Investment Management. Read more here.
2017: Purchase of Comodo's security certificate business
As it became known in late October 2017, Comodo suddenly sold its business related to the issuance of security certificates for websites to a large venture capital firm - Francisco Partners.[1]
Comodo until recently was the leading certification center in the world. According to the company itself, it has issued 91 million certificates and, as of November 2017, serves 200 thousand customers in 150 countries. Comodo accounts for 38.7% of the market, according to W3Techs; The company provides SSL certificates to 16.6% of all sites on the Web.
In turn, Francisco Partners until recently owned a large stake in Corsair, a company that produces components for high-performance computers, and most recently sold its part of the shares for $525 million.
The company intends to maintain support for the Comodo brand for some time, according to a statement from Francisco. Read more here.
Notes
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