"Francisco Partners" Posts

IBM Sells Portion of Watson Health Business to Francisco Partners

IBM CEO Arvind Krishna seeks improved revenue, profit & growth metrics. Will IBM Watson Health asset sale, Kyndryl MSP spin-out & cloud consulting acquisitions help?

5 Channel Partner Program and MSP News Updates: 15 December 2021

Today’s channel partner program & MSP news involves Authomize, Cloud4C, Coalfire, JS Group, LastPass’ LogMeIn Spin-Out, Pipedrive, Qumu, TD Synnex, Zendesk & more. Sip up.

Quest Software Acquired: Private Equity Buys IT Management, Security Software Company (Again)

Private equity firm Clearlake Capital acquires Quest Software from Francisco Partners. IT management & security software business valuation: $5.4B, 10.9X EBITDA, report indicated.

5 Channel Partner Program and MSP News Updates: 03 May 2021

Today’s channel partner program & MSP news involves Boomi, Dell Technologies, Francisco Partners, Google Cloud, IBM, Red Hat, TPG Capital, Vodafone & more. Sip up.

Dell Sells Boomi to Francisco Partners, TPG

Dell sells Boomi iPaaS cloud platform to private equity firms Francisco Partners & TPG Capital. Michael Dell strengthens balance sheet for hybrid cloud push.

Quest Software Acquires Data Governance Company Erwin

Quest Software, backed by private equity firms Francisco Partners & Elliott Management, acquires erwin for data governance & business process modeling software.

LogMeIn Buyout Completed; IT Management Provider Goes Private

Private equity firms Francisco Partners & Evergreen Coast Capital complete LogMeIn acquisition. IT management software provider goes private facing business headwinds, intensified competition.

Quest Software Acquires Microsoft Office 365 Migration Specialist Binary Tree

Quest Software, backed by private equity firms Francisco Partners & Elliott Management, acquires Microsoft Office 365 cloud migration specialist Binary Tree.

Private Equity and Remote Control Software: Permira Sells Portion of TeamViewer Stake

Private equity firm Permira sells small stake in TeamViewer but retains majority hold on remote control software maker & LogMeIn rival. Investor interest strong amid coronavirus outbreak.

LogMeIn: No Additional Bidders Emerge, Private Equity Buyout Moves Forward

LogMeIn’s sale to private equity firms Francisco Partners & Evergreen Coast Capital moves forward. LogMeIn go-shop period expires with no additional bids.