Announced
Financials
Tags
Domestic
Pending
Friendly
Single Bidder
United States
requirements management
software development
Software
Private
Acquisition
Majority
Private Equity
Synopsis
Francisco Partners, a private equity firm, agreed to acquire Jama Software, a requirements management and traceability solution provider, from private equity firms Insight Partners and Madrona Ventures, for $1.2bn. "We are thrilled to work with Francisco Partners and leverage their expertise as we further accelerate our rapid expansion across enterprises, industries and continents. We thank Insight Partners, who have been tremendous supporters of Jama Software's growth over the past six years," Marc Osofsky, Jama Software CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.