Francisco Partners news and trends

Verifone Appoints Francisco Partners Veteran Mike Kohlsdorf as CEO
Personnel // August 01, 2023

Global payment solution provider Verifone has appointed one of its advisors, Mike Kohlsdorf, as its new CEO. Kohlsdorf has been a senior operating partner affiliated with Francisco Partners, the owner of Verifone, since 2011 and has served as CEO of eight of that firm’s portfolio...

New Relic Agrees to $6.5 Billion Acquisition by Francisco Partners and TPG
Acquisitions // July 31, 2023

New Relic, an observability platform for engineers, has agreed to be acquired by private equity firms Francisco Partners and TPG Capital for an equity value of approximately $6.5 billion. Upon completion of the transaction, New Relic will become a private company “with enhanced flexibility to continue investing in its...

CVC-Network International Deal Reportedly Worth $2.5 Billion
Acquisitions // April 16, 2023

CVC Capital Partners is reportedly in advanced talks to purchase Network International for at least £2 billion ($2.5 billion). A report by Bloomberg News on Saturday (April 15) — citing sources familiar with the matter — says French private equity firm CVC is leading a...

Francisco Partners Acquires Portion of IBM’s Watson Health
Acquisitions // January 26, 2022

Global investment firm Francisco Partners is acquiring the healthcare data and analytics portion of IBM’s Watson Health business, including Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex and imaging software, according to a Digital Health report Tuesday (Jan. 25). “Today’s agreement with Francisco Partners...

Quick Reads
Francisco Partners Plans to Acquire and Expand The Weather Company

August 22, 2023
Global investment firm Francisco Partners plans to acquire The Weather Company assets from IBM. The definitive agreement signed by the two companies, the specific terms of which were not disclosed, will result in The Weather Company becoming an independent entity, poised for new growth opportunities, the companies said in a Tuesday (Aug. 22) press release. The assets being acquired by Francisco […]

Verifone Appoints Francisco Partners Veteran Mike Kohlsdorf as CEO

August 01, 2023
Global payment solution provider Verifone has appointed one of its advisors, Mike Kohlsdorf, as its new CEO. Kohlsdorf has been a senior operating partner affiliated with Francisco Partners, the owner...

New Relic Agrees to $6.5 Billion Acquisition by Francisco Partners and TPG

July 31, 2023
New Relic, an observability platform for engineers, has agreed to be acquired by private equity firms Francisco Partners and TPG Capital for an equity value of approximately $6.5 billion. Upon completion of the transaction,...

CVC-Network International Deal Reportedly Worth $2.5 Billion

April 16, 2023
CVC Capital Partners is reportedly in advanced talks to purchase Network International for at least £2 billion ($2.5 billion). A report by Bloomberg News on Saturday (April 15) — citing...