The purchase price comes out to $86.05 per share Francisco Partners and Evergreen Coast Capital Complete Acquisition of LogMeIn. BOSTON, March 12, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (), a leading provider of cloud-based connectivity, today announced that its stockholders voted to adopt the previously announced definitive agreement in which LogMeIn will be acquired in a transaction led by Francisco Partners, a leading technology-focused global private equity firm, and Evergreen Coast Capital Corporation, the … Francisco Partners and Evergreen Coast Capital Complete Acquisition of LogMeIn. LogMeIn announced this morning that it has agreed to be sold for $4.3 billion to affiliates of Francisco Partners and Evergreen Coast Capital Corporation, the private equity affiliate of Elliott Management Corporation. LogMeIn, Inc. is a provider of software as a service (SaaS) and cloud-based remote work tools for collaboration, IT management and customer engagement, founded in 2003 and based in Boston, Massachusetts. The acquisition came as a surprise to the analysts who were quite hopeful of LogMeIn building out a complete Unified communications and collaboration (UCC) offering. "Dell Software has world class products and talented employees, and we look forward to working with the management team to grow revenues and increase value. Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its … Founders Sanford Robertson, Dipanjan Deb, David Stanton, Benjamin Ball, and Neil Garfinkel came from a variety of private equity firms. [3] The company's products give users and administrators access to remote computers. Since its launch over 20 years ago, Francisco Partners has raised over $24 billion in committed capital and invested in more than 300 technology companies, making it … Since its launch 20 years ago, Francisco Partners has raised over $15 billion in committed capital and invested in more than 275 technology companies. Francisco Partners was founded in August 1999 in Menlo Park, California, during the emergence of dedicated technology buyout firms. Founders Sanford Robertson, Dipanjan Deb, David Stanton, Benjamin Ball, and Neil Garfinkel came from a variety of private equity firms. Francisco Partners and Evergreen Coast Capital Complete Acquisition of LogMeIn BOSTON, Aug. 31, 2020 (GLOBE NEWSWIRE) - LogMeIn, Inc., a … About Francisco Partners Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch over 20 years ago, Francisco Partners has raised over $24 billion in committed capital and invested in more than 300 technology companies, making it … Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The purchase price comes out to $86.05 per share Francisco Partners and Evergreen Coast Capital Complete Acquisition of LogMeIn BOSTON, Aug. 31, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc., a … Francisco Partners is a leading global private equity firm which specializes in investments in technology and technology-enabled businesses. Lucidworks Raises $100 Million From Francisco Partners, TPG Sixth Street Partners, and Top Tier Capital Partners. - August 12 2019 ClickSoftware to be Acquired by Salesforce for $1.4 Billion Enterprise Value. The company announced Tuesday that it has agreed to be acquired by private equity firms Francisco Partners and Evergreen Coast Capital Corporation for … Since its launch over 20 years ago, Francisco Partners has raised over $24 billion in committed capital and invested in more than 300 technology companies, making it one of the most active and longstanding investors in the technology industry. The purchase price represents a 25% premium on the closing share price on September 18th, which the company reports was the day media reports began to leak that the … Francisco Partners was founded in August 1999 in Menlo Park, California, during the emergence of dedicated technology buyout firms. About Francisco Partners Francisco Partners is a leading global private equity firm that specializes in investments in technology and technology-enabled businesses. Francisco partnered with Evergreen Coast Capital, the newly formed private equity arm of Elliott Management, to acquire Dell Software, which is run by President John Swainson. LogMeIn, announced that it has entered into a definitive agreement to be acquired in a transaction led by affiliates of Francisco Partners. - … Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. The acquisition price comes out to $86.05 per share LogMeIn announced this morning that it has agreed to be sold for $4.3 billion to affiliates of Francisco Partners and Evergreen Coast Capital Corporation, the private equity affiliate of Elliott Management Corporation. “Together, Francisco Partners and Evergreen are committed to addressing the unique needs of both our core and growth assets. Barclays and Citigroup acted as lead financial advisors and Shearman & Sterling, Kirkland & Ellis, and Gibson Dunn as legal advisors to Francisco Partners and Evergreen Coast Capital. Firm Advises LogMeIn in Acquisition by Affiliates of Francisco Partners and Evergreen Coast Capital Corp. LogMeIn stated that it has accepted to be auctioned for $4.3 billion to associates of Francisco Partners and Evergreen Coast Capital Corporation, the individual equity subsidiary of Elliott Management Corporation. LogMeIn Enters into Definitive Agreement to be Acquired by Affiliates of Francisco Partners and Evergreen Coast Capital for $86.05 per Share in Cash PRESS RELEASE GlobeNewswire Dec. 17, … The US$4.3 billion transaction is led by a Chicago- and Boston-based deal team. Among its notable early investments, in 2000 the firm paid $375 mil… LogMeIn announced this morning that it has agreed to be sold for $4.3 billion to affiliates of Francisco Partners and Evergreen Coast Capital Corporation, the private equity affiliate of Elliott Management Corporation. LOGM LogMeIn Inc Francisco Partners and Evergreen Coast Capital Complete Acquisition of LogMeIn BOSTON, Aug. 31, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc., a leading provider of cloud services for the work-from-anywhere economy, today announced the Since its launch over 20 years ago, Francisco Partners has raised over $24 billion in committed capital and invested in more than 300 technology companies, making it one of the most active and longstanding investors in the technology industry. - May 27 2021. @wrx7m said in LogMeIn To Be Acquired By Affiliates of Francisco Partners and Evergreen Coats Capital: Includes lastpass from what I saw. We believe our partnership with Francisco Partners and Evergreen will help put us in a position to deliver the operational benefits needed to achieve sustained growth over the long term.” Francisco Partners has 150 employees across 3 locations. It raised $30 million in venture funding, according to Crunchbase data, before it went public in 2009. The deal is expected to close in mid 2020, but the company does have a 45-day go-shop provision, which means it can try to find a buyer that will offer a better price than this one.

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