Francisco Partners to buy Weave for USD 650 million in take-private deal

Reuters2026/08/18 15:27

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Francisco Partners agreed to acquire Weave Communications in an all-cash deal valuing equity at about USD 650 million.
Weave shareholders will receive USD 7.4 per share, a 34% premium to the unaffected close on Aug. 17, 2026.
The deal is expected to close in Q4 2026; Weave will be taken private and delisted from the NYSE.
Weave will continue operating under its name and keep its headquarters in Lehi, Utah.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Francisco Partners Management LLC published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Francisco Partners to buy Weave for USD 650 million in take-private deal

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