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Francisco Partners to acquire Weave for $650 million

PRIVATEOct 13, 2026

Acquiring Company

Francisco Partners

Acquired Company

Weave Communications

LehiProfessional ServicesInformation TechnologyProfessional ServicesSoftwareHealth Care

Description

Francisco Partners has agreed to acquire Weave Communications Inc. for approximately $650 million. The deal includes a cash offer of $7.40 per share, representing a premium of about 34% over Weave's stock price before the announcement. With the transaction, Weave will be taken private, and closing is expected in the fourth quarter of 2026, pending shareholder and regulatory approvals.

Company Information

Company

Francisco Partners

About

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 invested in over 400 technology companies, making it one of the most active and longstanding investors in the technology industry. With more than $45 billion in assets under management, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit www.Franciscopartners.com.

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Frequently asked

Who acquired Weave Communications?

Weave Communications was acquired by Francisco Partners. The deal was reported on October 13, 2026. Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Francisco Partners is privately held and operates in Professional Services.

When did Francisco Partners acquire Weave Communications?

Francisco Partners's acquisition of Weave Communications was reported on October 13, 2026. Francisco Partners has agreed to acquire Weave Communications Inc. for approximately $650 million. The deal includes a cash offer of $7.40 per share, representing a premium of about 34% over Weave's stock price before the announcement. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Weave Communications do?

Weave Communications is a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses. It is publicly traded (WEAV), operating in Information Technology, and is based in Lehi.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.