| Type | Private |
|---|---|
| Industry | Private Equity |
| Founded | 1999 |
| Founder(s) | Benjamin Ball, Dipanjan Deb, Neil Garfinkel, Sanford R. "Sandy" Robertson, David Stanton |
| Headquarters | San Francisco, California, United States |
| Key people | Keith Geeslin, David Golob, Ezra Perlman, Andrew Kowal |
| Total assets | $5 billion |
| Employees | 30 investment professionals |
| Website | www.franciscopartners.com |
Francisco Partners is a private equity firm focusing on structured investments in the information technology sector.
Francisco Partners Management LLC was founded in August 1999 and is headquartered in San Francisco and maintains an additional office in London, United Kingdom. Since inception, the firm has raised approximately $7.0 billion in committed capital across three funds and has built an investment portfolio including over 40 companies. Francisco Partners specializes in financing divisional spinouts, divisional buyouts including divestiture, acquisitions and "take privates" of public companies, sponsored mergers and acquisitions, acquisitions of private and public companies, strategic minority investments in public and private companies, fallen angels, management buyouts, growth equity financing, recapitalizations, and restructurings. In growth equity financing, the firm seeks to invest in industry roll-ups, joint ventures, and adjacent market opportunities that may evolve from situations such as post-venture capital funding needs, sponsor changes, or assets hidden within larger companies. It prefers to invest in mature or maturing technology and technology-related companies. The firm seeks to invest in communications, hardware, information technology services and software, healthcare technology, outsourcing and transaction processing services, semiconductors and capital equipment, electronic product distributors, electronics components, systems, and manufacturing, business process outsourcing (BPO), security and enterprise application and infrastructure software, and communications service providers. It prefers to invest in companies with enterprise values ranging from $25 million to $2 billion. The firm makes equity investments ranging from less than $25 million to over $500 million. It typically acquires a majority or controlling stake in its portfolio companies. The firm generally acquires a seat on the Board of Directors in the portfolio companies.
Contents |
Francisco was founded in 1999 at the height of the dot-com bubble as interest in technology investments accelerated. The founders of the firm came from a group of west coast private equity firms including TPG Capital, together with the founder of technology-focused investment bank Robertson Stephens.
Francisco Partners has more than 20 active portfolio companies. Francisco has acquired former venture capital-backed companies as well as many divisions of large conglomerates and IT companies worldwide.[1]
Francisco Partners have invested in or purchased companies such as Aconex, ADERANT, AdvancedMD Software, AKQA, AMI Semiconductor, API Healthcare, Attachmate, Attenti, Barracuda Networks, Blue Coat, C-MAC MicroTechnology, Cybit, Dextrys, NexTraq, EFJohnson Technologies, Emailvision, Ex Libris Group, Foundation 9 Entertainment, FrontRange Solutions, FX Solutions, City Index, Grass Valley, GXS, Healthland, Hypercom, Legerity, LYNX Medical Systems, MetaSwitch Networks, Metrologic Instruments, Mitel Networks, NPTest, Numonyx, OfficeTiger, Primavera, Quadramed, Quantros, RedPrairie, SMART Modular Technologies, Source Photonics, Specific Media, T-System, Ultra Clean Technology, WatchGuard, Webtrends and XcelleNet.
|
|||||||||||||||||