Francisco Partners, a San Francisco, CA-based technology-focused private equity firm, received a strategic minority investment from Blackstone’s (NYSE: BX) Strategic Capital Group and Goldman Sachs Asset Management’s Petershill program (NYSE:GS).
The terms of the transaction were not disclosed.
The investment provides Francisco Partners with balance-sheet capital to continue to develop its platform while increasing commitments to its own funds, strengthening its alignment with limited partners.
Led by Dipanjan “DJ” Deb, Co-founder and CEO, Francisco Partners is a global private equity firm that specializes in investments in technology and technology-enabled services businesses. Since its launch over 18 years ago, the firm has raised over $14 billion in capital and invested in more than 200 technology companies.
FinSMEs
13/07/2018