Francisco Partners to acquire VitalSource Technologies from Ingram Content Group.

Francisco Partners, a private equity firm, agreed to acquire VitalSource Technologies, an edtech software solutions provider, from Ingram Content Group, an American service provider to the book publishing industry. Financial terms were not disclosed. “We are excited to partner with the VitalSource team to improve the affordability and learning experience for all students,” said Jason Brein, Partner at Francisco Partners. “We are grateful to Ingram Content Group for the opportunity to invest in VitalSource during its next phase of growth and look forward to leveraging our education technology investment expertise to further transform the business,” Paul Ilse, Francisco Partners Senior Operating Partner.