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, 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 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...
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...
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 […]
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...
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,...
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...