Francisco Partners

Castle Biosciences Announces Updates to its Board of Directors

Retrieved on: 
Wednesday, March 27, 2024
Other Health, Pharmaceutical, Oncology, Mental Health, General Health, Medical Devices, Hospitals, Neurology, Genetics, Science, Biotechnology, Other Science, Health, Research, Medical Supplies, Audit, Face, California State University, Health equity, Bias, COVID-19, Roche, Acquisition, University, Indiana State University, MBA, Quality, Sagamore, Francisco Partners, Annual general meeting, Management

The Company further announced that Mara G. Aspinall will not stand for re-election to its board, and her current term will expire at the 2024 Annual Meeting.

Key Points: 
  • The Company further announced that Mara G. Aspinall will not stand for re-election to its board, and her current term will expire at the 2024 Annual Meeting.
  • “Mara has been a great partner and contributor,” said Derek Maetzold, director, president and chief executive officer of Castle Biosciences.
  • “Rod’s broad range of leadership experience in the diagnostic industry will be a significant benefit to our board.
  • With Cotton’s addition, the Company’s board will be comprised of nine directors, five of whom have been appointed in the past four years.

OSANO LAUNCHES PURPOSE-BUILT PLATFORM THAT TRANSFORMS DATA PRIVACY COMPLEXITY INTO ACTIONABLE CLARITY

Retrieved on: 
Tuesday, April 2, 2024
Consent, Risk management, Trust, Classification, Booth, Privacy, Marketing, Francisco Partners, Online shopping

AUSTIN, Texas , April 2, 2024 /PRNewswire/ -- Osano has launched a comprehensive data privacy management platform that simplifies and automates global data privacy management, from regulatory compliance to privacy by design. The Osano platform empowers businesses to confidently navigate the complex, quickly evolving data privacy landscape, while enabling privacy professionals to seamlessly uphold and apply privacy standards organization-wide.

Key Points: 
  • AUSTIN, Texas , April 2, 2024 /PRNewswire/ -- Osano has launched a comprehensive data privacy management platform that simplifies and automates global data privacy management, from regulatory compliance to privacy by design.
  • The Osano platform empowers businesses to confidently navigate the complex, quickly evolving data privacy landscape, while enabling privacy professionals to seamlessly uphold and apply privacy standards organization-wide.
  • Unlike other privacy solutions, Osano's privacy management platform is purpose-built to help companies navigate the complexities of creating a cross functional approach to global compliance, risk management, and privacy operations excellence, as they work to uphold the highest data privacy standards.
  • Data Mapping: Know your data, inside and out, through automated visualization and classification of data stores, ensuring alignment with your privacy risk strategy.

Francisco Partners to Acquire Jama Software For $1.2B

Retrieved on: 
Monday, March 18, 2024
Partner, Benchmarking, Software as a service, Growth, Insight Partners, NLP, LLP, Acquisition, Traceability, NPS, Francisco Partners, Willkie Farr & Gallagher, Engineering, Medical device

PORTLAND, Ore. and LONDON, March 18, 2024 /PRNewswire/ -- Jama Software®, an industry leading requirements management and traceability solution provider, announced today that Francisco Partners has entered into a definitive agreement to acquire the Company from shareholders including Insight Partners and Madrona Ventures for $1.2 billion. Marc Osofsky, Jama Software CEO, will personally reinvest and continue to lead the company. 

Key Points: 
  • PORTLAND, Ore. and LONDON, March 18, 2024 /PRNewswire/ -- Jama Software ®, an industry leading requirements management and traceability solution provider, announced today that Francisco Partners has entered into a definitive agreement to acquire the Company from shareholders including Insight Partners and Madrona Ventures for $1.2 billion.
  • "We are thrilled to work with Francisco Partners and leverage their expertise as we further accelerate our rapid expansion across enterprises, industries and continents", said Marc Osofsky, CEO, Jama Software.
  • "As Jama Software embarks on their exciting new chapter of expansion and innovation, this acquisition by Francisco Partners reflects Jama Software's success and the Company's ability to consistently deliver exceptional value to customers worldwide."
  • Evercore acted as the exclusive financial advisor to Jama Software and Insight Partners and Willkie Farr & Gallagher LLP acted as legal advisor.

StoneRidge Centers Transforms Mental Health with Groundbreaking Approach

Retrieved on: 
Wednesday, February 14, 2024
TMS, Anxiety, IOP, Mental health, Francisco Partners, Physician, Growth, Bed, Hospital, DSM-IV codes, Tic disorder, Transcranial magnetic stimulation, Health, Depression, Patient, Restart, Acute stress disorder, PTSD, ADHD, Trust, OCD, Spectrum, Brain, Environment

Prescott Valley, Arizona, Feb. 14, 2024 (GLOBE NEWSWIRE) -- StoneRidge Centers in Prescott Valley, Arizona, revolutionizes mental health care with its groundbreaking Transcranial Magnetic Stimulation (TMS).

Key Points: 
  • Prescott Valley, Arizona, Feb. 14, 2024 (GLOBE NEWSWIRE) -- StoneRidge Centers in Prescott Valley, Arizona, revolutionizes mental health care with its groundbreaking Transcranial Magnetic Stimulation (TMS).
  • StoneRidge was founded by Mark Collins, DO, to address the shortcomings he observed in traditional inpatient mental health and rehabilitation facilities.
  • StoneRidge offers various treatments tailored to address the unique needs of individuals struggling with mental health challenges.
  • To continue fulfilling its mission of reshaping mental health care, StoneRidge intends to expand its reach and enhance its services to meet the growing demand for comprehensive mental health care.

Perforce to Acquire Delphix, Adding Enterprise Data Management Software to its DevOps Portfolio

Retrieved on: 
Wednesday, February 14, 2024
Shift, Acquisition, The Company, Senior, AI, Francisco Partners, DevOps, Organization, Automation, Acceleration, Data management, Centerview Partners, Management

MINNEAPOLIS, Feb. 14, 2024 /PRNewswire/ -- Perforce Software ("Perforce"), a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle that is backed by Francisco Partners and Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), announced today that it has signed a definitive agreement to acquire Delphix (or the "Company"). Delphix's industry-leading Data Management software platform enables scalable automation, governance, and compliance of enterprise data throughout the application lifecycle. Financial terms of the transaction were not disclosed.

Key Points: 
  • Delphix's industry-leading Data Management software platform enables scalable automation, governance, and compliance of enterprise data throughout the application lifecycle.
  • "The addition of Delphix to our portfolio adds critical data management capabilities that help enterprise organizations realize an automated and accelerated DevOps pipeline," said Jim Cassens, CEO of Perforce.
  • We look forward to working with the Delphix team to continue delivering data management innovation to our customers."
  • "As part of Perforce, we will be positioned to continue innovating and help more customers realize the strategic power of our data platform."

Us Firms Occupy Top Positions in Hec Paris – Dow Jones Large Buyout Performance 2023 Ranking

Retrieved on: 
Tuesday, February 6, 2024
Thoma Bravo, TA Associates, Private equity, Francisco Partners, Veritas Capital, Hg, HEC Paris

Developed by Professor Oliver Gottschalg of HEC Paris, the latest ranking also shows the resilience of Software Buyout-focused GPs including Hg and Thoma Bravo

Key Points: 
  • Developed by Professor Oliver Gottschalg of HEC Paris, the latest ranking also shows the resilience of Software Buyout-focused GPs including Hg and Thoma Bravo
    HEC Paris Business School and DowJones announce the release of the 2023 Large Buyout Performance Ranking, which reveals the stability of private equity firms in a high interest rate environment.
  • The top three positions in the ranking remain unchanged from last year: TA Associates, Veritas Capital, and Francisco Partners are all U.S.-based.
  • This highlights the dominance of funds centred in the United States, which is also the case of 85% of the firms within the top 20 ranking.
  • The ranking, which was compiled by HEC Paris strategy Professor Oliver Gottschalg and holder of the school’s Antin IP Chair on Private Equity and Infrastructure, evaluated the performance of 101 firms which raised total equity of over $1.6tr through 352 funds between 2010 and 2019.

Francisco Partners Completes Acquisition of The Weather Company

Retrieved on: 
Thursday, February 1, 2024
Technology, Other Communications, Finance, Other Technology, Communications, Professional Services, Media, Data Analytics, Science, Other Science, Storm, IBM, Weather Underground (weather service), Life, The Weather Channel, Weather Underground, Partner, Weather, Acquisition, The Weather Company, Face, Francisco Partners

Francisco Partners , a leading global investment firm that specializes in partnering with technology businesses, today announced the completion of its acquisition of The Weather Company (the "Company"), one of the world's leading weather technology providers, from IBM, previously announced in August 2023.

Key Points: 
  • Francisco Partners , a leading global investment firm that specializes in partnering with technology businesses, today announced the completion of its acquisition of The Weather Company (the "Company"), one of the world's leading weather technology providers, from IBM, previously announced in August 2023.
  • Under the ownership of Francisco Partners, the new standalone company will continue to be led by CEO Sheri Bachstein.
  • As a standalone company, The Weather Company, recognized as the world's most accurate weather forecaster, will extend its more than 40-year legacy to deliver weather data and insights to people and businesses across the globe.
  • “Weather can be a competitive advantage, not just a fact of life, and therefore every business needs a weather strategy and weather partner they can trust.

MyFitnessPal Appoints Mike Fisher as Chief Executive Officer

Retrieved on: 
Thursday, January 18, 2024
Etsy, AOL, United States Army, PayPal, Health, Life, Francisco Partners, MyFitnessPal, JDRF, Quigo, Management

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- MyFitnessPal , the leading global nutrition and food tracking app, today announced the appointment of Mike Fisher as Chief Executive Officer (CEO).

Key Points: 
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- MyFitnessPal , the leading global nutrition and food tracking app, today announced the appointment of Mike Fisher as Chief Executive Officer (CEO).
  • Mike succeeds Dinesh Lathi who will remain involved with the company as a member of the Board of Directors.
  • Under Mike's leadership, MyFitnessPal will further its mission of helping people around the world improve their health through better food choices.
  • As CEO, I'm excited to pair my passion for consumer facing technologies with MyFitnessPal's commitment to improving human wellness," said Fisher.

Accela Appoints Noam Reininger as New CEO to Drive Next Phase of Innovation

Retrieved on: 
Tuesday, January 16, 2024
Heart, Collection, SAN, Francisco Partners, Berkshire Partners, Dell, Organization, Marketing, Information services, Dun & Bradstreet, Dun, Growth

With over 20 years of experience in technology and information services, Reininger's appointment signals a renewed commitment to innovation and customer-focused product development at Accela.

Key Points: 
  • With over 20 years of experience in technology and information services, Reininger's appointment signals a renewed commitment to innovation and customer-focused product development at Accela.
  • "Noam's impressive background in successfully leading and scaling technology initiatives makes him an ideal choice to steer Accela towards future growth," said Jon Nuger, Managing Director, Berkshire Partners.
  • Reininger is set to succeed Gary Kovacs, who is retiring after a successful five-year tenure with Accela.
  • Berkshire Partners remains a significant investor with an equal equity holding in Accela.

Francisco Partners Completes Acquisition of Blancco Technology Group

Retrieved on: 
Tuesday, December 5, 2023
Finance, Security, Professional Services, Technology, Software, Blancco Technology Group, Privacy, Travers Smith, Partner, Rothschild & Co, Grays International, Acquisition, Multimedia, Organization, Francisco Partners, LLP, Blancco

Francisco Partners , a leading global investment firm that specializes in partnering with technology businesses, today announced the completion of the all-cash acquisition of Blancco Technology Group (“Blancco” or the “Company”) for 223 pence per share, representing an equity valuation of approximately £175 million.

Key Points: 
  • Francisco Partners , a leading global investment firm that specializes in partnering with technology businesses, today announced the completion of the all-cash acquisition of Blancco Technology Group (“Blancco” or the “Company”) for 223 pence per share, representing an equity valuation of approximately £175 million.
  • “We are pleased to partner with Francisco Partners, who are committed to continuing to build upon the company’s strong foundation and achieve its full potential.
  • “Sustainability and e-waste reduction are increasing strategic priorities for customers of all sizes globally, and we see tremendous organic and inorganic growth opportunities for Blancco worldwide,” added Ravi Bhatt, Vice President at Francisco Partners.
  • Canaccord Genuity served as financial adviser and Ropes & Gray International LLP acted as legal adviser to Francisco Partners.