Francisco Partners

Today, we announced our investment in Orisha, a leading European vertical software company based in France. The partnership will allow Orisha to advance its growth journey, solidifying its industry leadership through ongoing organic growth, diversification, geographic expansion and strategic acquisitions, and help The Company realize its mission of offering high-quality, agile software solutions to customers. “We are big believers in the power of vertical software and hence fully aligned with Orisha’s mission and vision to build industry-specific solutions. Having tracked the company closely for years, we have been impressed by all that the Orisha team has accomplished, under the leadership of Jacques. Working in partnership with him and TA, we will seek to support Orisha’s next stage of growth by continuing to serve its loyal customer base and expanding thoughtfully into new segments,” said Quentin Lathuille, Principal, and Petri Oksanen, Partner and Co-Head of European Investing at Francisco Partners.   TA Associates, Orisha’s majority shareholder since 2021, will reinvest in the Company as a co-controlling shareholder alongside Francisco Partners and Orisha management. Read more about the deal here: https://lnkd.in/ewkhZ_Ds

Today, we announced our reinvestment in RedSail Technologies, a premier provider of pharmacy technology and solutions that Francisco Partners created by combining two separate divisional carve-outs in 2020, together with a strategic growth investment from Leonard Green & Partners (LGP). This investment will help advance RedSail’s mission of elevating the role of pharmacy and health of its communities by building the most clinically advanced and financially sustainable pharmacy network.   “We are proud of our partnership with RedSail over the past four years. The team has built an exceptional company with a differentiated culture and incredible track record of supporting their customers,” said Chris Adams, Partner at Francisco Partners. “We look forward to backing the company’s next stage of growth with the RedSail team and our new partners at LGP.” Read more about the deal here: https://lnkd.in/dpWbBbcZ

Today, we announced we have entered into a definitive agreement to acquire the Software Integrity Business assets from Synopsys Inc, a leading provider of trusted and comprehensive silicon to systems design solutions. With a total value of up to $2.1 billion, this joint investment alongside Clearlake Capital Group will establish the Software Integrity Group as an independent application security testing software provider. The new standalone company will provide integrated software solutions that transform the way development teams build and deliver software, accelerating innovation while addressing business risk and allowing organizations to build the security program that is best for them.   "We are excited to partner with Synopsys to complete the carve-out of its Software Integrity Group, a leading provider of application security testing solutions," said Dipanjan Deb, Co-Founder and CEO of Francisco Partners. "Francisco Partners has a long history of working with leading technology companies to carve-out divisions and business units that can benefit from greater focus and flexibility as standalone entities, and where our Francisco Partners Consulting operating team can bring resources and expertise to help accelerate growth.”   Read more about our investment here: https://lnkd.in/eEX6Xa5G

Yesterday, we announced we have entered into a definitive agreement to acquire Jama Software, an industry leading requirements management and traceability software solutions provider, from Insight Partners and Madrona Ventures for $1.2 billion. Our investment will empower the Company to further extend its leadership position in intelligent engineering management by helping customers improve their development processes to reduce defects, delays, cost overruns and recalls.       “The engineering management market is in the early stages of a fundamental transformation which Jama Software is at the forefront of. We are ecstatic to be partnering with Marc Osofsky and his team in continuing to execute on their industry-leading vision and strategy,” said Petri Oksanen and Mario Razzini, Partners at Francisco Partners. Read more about our investment and Jama Software here: https://lnkd.in/er7PHC8N

We are excited to announce that we have been recognized once again as a top performer in the 2023 HEC Paris - Dow Jones Large Buyout Performance Ranking. Francisco Partners is the only firm that has achieved a ranking in the top three for performance the last four consecutive years. “We are proud to be recognized by HEC-DowJones as one of the top-performing PE firms with a performance ranking that is 2.10 standard deviations above average,” said "DJ" Dipanjan Deb, Co-Founder and CEO of Francisco Partners. “We are also grateful to our portfolio company employees for helping us deliver these results, our limited partners for their continued support and our employees for their efforts. With our firm focused on continuous improvement, we will work tirelessly to continue to deliver strong returns for our investors.”   Read more about the ranking and FP’s recognition here: https://lnkd.in/gwZc8MGN

We are proud to announce that Mergers and Acquisitions - themiddlemarket.com has named Francisco Partners’ Ashley Evans to its 2024 Most Influential Women in Mid-Market M&A list.   Ashley is a critical member of our application software team and collaborates with technology executives to drive value creation at scale. Ashley was selected for this award for her status as a dealmaking trailblazer in the M&A industry.   Read more about this award, here: https://lnkd.in/ep6Q2PgE.

Today, we announced the completion of our acquisition of Blancco Technology Group, a market leader in secure data erasure and mobile lifecycle solutions. Blancco’s products allow organizations to protect end-of-life data against unauthorized access, safely redeploy data storage assets, and firmly comply with increased data protection and privacy requirements.   “We have been very impressed with the leading market position that Blancco has established through its best-in-class solutions and are thrilled to partner with Blancco’s management team to drive the next phase of expansion,” said Brian Decker, Partner at Francisco Partners, and Karl Shum, Principal at Francisco Partners. Read more about our investment and Blancco here: https://lnkd.in/g5nBJFTU.

We are proud to announce our financing of Zotec Partners, a company leading the way to improve the business of #healthcare.   “As an RCM leader, Zotec has developed a highly differentiated data-driven approach to deliver value for healthcare organizations and physicians. We are excited to support the Zotec team with this financing, which will help provide greater financial flexibility in support of the company’s future growth," said Lee Rubenstein, Managing Director at Francisco Partners.   Read more about our investment and Zotec here: https://lnkd.in/efEka_6S.

Francisco Partners Co-Founder and CEO DJ Dipanjan Deb joined Morgan L Brennan and Jon Fortt on CNBC's ‘Closing Bell: Overtime’ to discuss the state of the M&A market, FP's investing playbook, lessons learned since the pandemic, and how we are managing our portfolio of investments in technology and software. Watch the full interview on CNBC.com: https://lnkd.in/gXn4mWed

We are proud to again be recognized by Inc. Magazine on its annual list of Founder-Friendly Investors. The list showcases firms with a reputation for being trusted partners to founder-led businesses. In our nearly 25-year history, we have invested in more than 150 founder-owned businesses and strive to collaborate with innovative, entrepreneurial founders. We are grateful to our founder partners for allowing us to help scale their businesses to achieve organic and inorganic growth. Read more about our track record working with founders: https://lnkd.in/eSU64K-H.