Francisco Partners
Type | Private |
---|---|
Industry | Private Equity |
Founded | 1999 |
Founder(s) | Benjamin Ball, Dipanjan Deb, Neil Garfinkel, Sanford R. "Sandy" Robertson, David Stanton |
Headquarters |
Letterman Digital Arts Center San Francisco, California, United States |
Key people | Keith Geeslin, David Golob, Ezra Perlman, Andrew Kowal |
Total assets | $7 billion |
Employees | 30 investment professionals |
Website | www.franciscopartners.com |
Francisco Partners is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. 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 60 companies.
Francisco Partners specializes in financing divisional buyouts, "take privates" of public companies, sponsored mergers and acquisitions, growth equity financing, recapitalizations, and restructurings. It prefers to invest in mature or maturing technology and technology-related companies. The firm seeks to invest in software, internet, healthcare technology, communications, hardware and technology services. 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, but will be a minority investor with board of director representation.
History
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.
Investments
Francisco Partners has more than 30 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 the following companies:
Company Name | Status |
---|---|
aconex | Current |
ADERANT | Exited |
AdvancedMD Software | Exited |
AKQA | Exited |
Allston Trading | Current |
AMI Semiconductor | Exited |
API Healthcare | Current |
Attachmate | Current |
Attenti | Exited |
Avangate | Current |
Barracuda Networks | Current |
Blue Coat | Exited |
City Index | Current |
C-MAC MicroTechnology | Exited |
Corsair | Current |
CrossMatch | Current |
Cybit | |
Dextrys | Current |
EFJohnson | Current |
efront | Current |
Emailvision | |
Ex Libris Group | Exited |
Foundation 9 Entertainment | Current |
FrontRange Solutions | Current |
FX Solutions | |
Grass Valley | Current |
GXS | Current |
Healthland | Current |
Hypercom | Exited |
ichor systems | Current |
Kewill | Current |
Legerity | Exited |
Lumata | Current |
LYNX Medical Systems | Exited |
masternaut | Current |
Metaswitch Networks | Current |
Metrologic Instruments | Exited |
Minicom | Exited |
Mitel Networks | Current |
NexTech EMR & PM | Current |
NextTraq | Current |
NPTest | Exited |
Numonyx | Exited |
OfficeTiger | Exited |
paymetric | Current |
Plex Systems | Current |
Primavera | Exited |
Quadramed | Exited |
Quantros | Current |
RedPrairie | Exited |
Smart Focus | Current |
SMART Modular Technologies | Exited |
Source Photonics | Current |
Specific Media | Current |
Therapeutic Research Center | Current |
T-System | Exited |
Ultra Clean Technology | Exited |
WatchGuard | Current |
webtrends | Current |
XcelleNet | Exited |
References
- ↑ Bring Us Your Small, Unloved Start-Ups. May 15, 2004
- ADVANCED MICRO TO SELL MOST OF COMMUNICATIONS UNIT. New York Times, May 23, 2000
- G.E. Is Selling Off Most of Electronic Commerce Business. New York Times, June 25, 2002
- Citing a Tight Bond Market, G.E. Makes a Loan to a Buyer. New York Times, September 28, 2002
External links
- Francisco Partners (company website)
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