Francisco Partners Inks Deal for Plex Systems

Francisco Partners has agreed to buy Plex Systems. The sellers were a group of shareholders that included Apax Partners. Financial terms weren’t announced. Auburn Hills, Mich.-based Plex provides cloud ERP software for manufacturers. PRESS RELEASE Francisco Partners, a leading technology-focused private equity firm, today announced the pending acquisition of Plex Systems from a group of […]

peHUB First Read

Having survived the Occupy-ocalypse, the peHUB First Read takes on more weighty matters, like Colombian hookers and secret trips to Kabul.

Francisco Partners Portfolio Co Promotes Execs

Francisco Partners portfolio company Dextrys has promoted two senior executives to lead the business. Bill Murphy, who has been serving as executive vice president of global delivery, will become president. Murphy succeeds Mike Kohlsdorf, who remains a member of the Dextrys board of directors, but returns to his operating partner role within Francisco Partners. Bob […]

Francisco Portfolio Co Acquires Concerro

Technology-focused Francisco Partners portfolio company API Healthcare has acquired Concerro. Based in San Diego, California, Concerro is a provider of software-as-a-service staffing and scheduling systems for healthcare. API Healthcare provides workforce management technology to the healthcare industry. PRESS RELEASE Francisco Partners, a leading technology-focused private equity firm, today announced the acquisition of Concerro through API […]

API Healthcare Buys Concerro

API Healthcare, which is backed by Francisco Partners, has bought Concerro. Financial terms weren’t announced. San Diego-based Concero provides software-as-a-service (SaaS) staffing and scheduling systems for healthcare. Wells Fargo Securities provided financial advice to API. PRESS RELEASE Francisco Partners, a leading technology-focused private equity firm, today announced the acquisition of Concerro through API Healthcare, an […]

Francisco Partners Buys Ichor Systems

Buyout shop Francisco Partners has acquired Ichor Systems, an Oregon-based designer and manufacturer of process tools, gas delivery modules and chemical delivery modules sold to capital equipment manufacturers. Terms of the deal, which closed December 30, were not released.

Grass Valley Buys PubliTronic

Grass Valley, the provider of products and solutions to television broadcasts, will acquire PubliTronic, the privately-held, provider of multichannel, integrated, automated playout solutions. Grass Valley is backed by California private equity firm Francisco Partners. Specifics of the deal were not publicized.

New President and CEO for Quantros

Francisco Partners-backed Quantros has appointed Keith Hagen as its new president and CEO. Hagen comes to Quantros from Aperio, where he served as the company’s chief operating officer (COO). He assumes responsibility from John Trzeciak, who served as interim CEO following the acquisition of Quantros by Francisco Partners in October 2010. Trzeciak, an operating partner with Francisco Partners, will continue to serve on the Quantros board of directors.

Francisco Partners takes control of eFront

Paris-based business software solutions provider eFront has bagged itself a new financial partner. EFR Holdings, an acquisition vehicle controlled by global investment firm Francisco Partners, has acquired a controlling stake in the company for approximately €68 million. The new partnership will help accelerate international expansion and product innovation.

Potential Buyers Smell Opportunity with Myspace. Seriously.

Myspace, the nearly forgotten social media site, may have found a buyer.

All Things Digital is reporting that Specific Media, an ad targeting firm, is in the lead for Myspace. Irvine, Calif.-based Specific Media is backed by Francisco Partners.

Golden Gate, a distressed investor that recently inked a deal for California Pizza Kitchen, is also vying for the social network site, the report says. The San Francisco PE firm has never done a social media deal.

Francisco Partners Exits Mincom

Private equity firm Francisco Partners has exited its investment in Mincom Pty Ltd., selling the company to ABB Ltd. Terms of the deal were not released. Mincom is the maker of an asset management software platform. Jefferies & Co. advised Mincom on the deal.

Kronos Terminates Deal to Buy Francisco Partners’ API Healthcare

Private equity firms have been increasingly interested in healthcare transactions since sweeping legislation passed by the Obama Administration was enacted to incorporate more Americans into the U.S. healthcare system. However, this time, it was federal regulators that seem to have acted as a catalyst to undo a deal. After the Justice Department detailed antitrust concerns, Kronos, backed by Hellman & Friedman and JMI Equity, the company backed off its agreement to acquire API Healthcare from Francisco Partners.

Cybit, Masternaut, Combine

Cybit and Masternaut, industry leaders in logistics, fleet tracking and drive management solutions, have combined to form a single European telematics firm. The company will remain known as Masternaut. The deal was overseen by technology-focused private investment fund, Francisco Partners, which acquired Cybit Holdings plc in 2009.

GXS Buys RollStream

GXS, which is backed by Francisco Partners, has bought RollStream. Financial terms weren’t disclosed. RollStream, of McLean, Va., provides software-as-a-service to speed supply chain efficiency.

Orbach Q&A: Strategics, VCs Drive Cloud Tech Surge

Michael Orbach is managing director at Cascadia Capital, a Seattle investment bank that advises on M&A and growth equity financing.

Orbach runs the information technology practice at Cascadia. He took some time to speak with me by phone yesterday on the growth of cloud technology.

Francisco Partners Sells AdvancedMD to ADP

Francisco Partners said late Tuesday that it has sold AdvancedMD Software to Automatic Data Processing. The deal closed Feb. 28. No financial terms were disclosed. Jefferies & Co. provided financial advice to AdvancedMD.

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget