Francisco Partners to acquire a stake in Veson Nautical from Pamlico Capital.

Francisco Partners, a global investment firm that specializes in partnering with technology businesses, agreed to acquire a stake in Veson Nautical, a provider of maritime freight software, from Pamlico Capital, a private equity firm. Financial terms were not disclosed. "As industry participants seek to to optimize their marine operations, this investment underlines our commitment to developing innovative digital solutions that are built to reflect the realties of modern commercial shipping. Now, together with Francisco Partners and Pamlico Capital, we have even more opportunities to further our mission of harnessing the power of technology to transform the maritime shipping industry," John Veson, Veson Nautical CEO.