Francisco Partners Closes $2.875 Billion Private Equity Fund
FP IV to Fund Ongoing Focus on in Middle-Market Technology Companies in U.S., Europe and Israel
Francisco Partners Management, L.P., a leading technology private equity investment firm, announced the final closing of Francisco Partners IV, L.P. (FP IV), a $2.875 billion fund. Since inception over 15 years ago, Francisco Partners has raised nearly $10 billion in capital for investments in technology companies.
“We are humbled by and very thankful for the overwhelming support of our limited partners during this oversubscribed fundraising process. Our partners have supported us through the many technology and financial cycles since our inception 15 years ago, said Dipanjan “DJ” Deb, Francisco Partners’ managing partner. “We look forward to continuing the relationships with our existing investors and are also honored to welcome a few new limited partners to the FP family.”
FP IV will continue Francisco Partners’ focus on middle market technology companies in the U.S., Europe, and Israel and target transaction values between $50 million and $2 billion. Francisco Partners has invested in and acquired more than 150 technology companies over the past 15 years.
About Francisco Partners
Francisco Partners is a global private equity firm that specializes in investments in technology companies. Since its launch 15 years ago, FP has raised approximately $10 billion and invested in more than 150 technology companies, making it one of the most active investors in the industry. The firm invests in transaction values ranging from $50 million to over $2 billion, where the firm’s deep sub-sector knowledge and operational expertise can help a company realize its full potential.
Katie Wood Znameroski