Francisco Partners and H.I.G. Capital to acquire RBmedia from KKR.

Francisco Partners, an investment firm, and H.I.G. Capital, a private equity and alternative assets investment firm, agreed to acquire RBmedia, an audiobook publisher, from KKR, a private equity firm. Financial terms were not disclosed. “We look forward to working with Francisco Partners and H.I.G. to capitalize on the numerous tailwinds present in the industry. We welcome Francisco’s media technology expertise and its global presence and are eager to partner with them and H.I.G. on the next chapter of our story,” Tom Maclsaac, RBmedia CEO.