Francisco Partners to acquire Weave Communications for $650 million to enhance AI and revenue management capabilities.
Acquiring Company
Francisco Partners
Acquired Company
Weave Communications
Description
Weave Communications has reached an acquisition agreement with Francisco Partners in a deal valued at $650 million. Shareholders will receive $7.40 per share, which is a 34% premium over the previous stock price, and Weave will transition to a private company once finalized.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Weave Communications?
Weave Communications was acquired by Francisco Partners. The deal was reported on August 19, 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 August 19, 2026. Weave Communications has reached an acquisition agreement with Francisco Partners in a deal valued at $650 million. 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.