Elliott and Evergreen Stephen Spruiell 212-478-2017 sspruiell@elliottmgmt.com. Ellie Mae to Acquire Capsilon to Deliver End-to-End Mortgage Automation. A “go shop” period expired in early February 2020 with no additional bids, paving the way for the LogMeIn business sale to move forward . The deal closed on August 31, 2020. The firm has a bench of operating partners (FPC), former industry execs who deliver operational expertise to its portfolio companies. Press@LogMeIn.com. TRENDING. LogMeIn Enters into Definitive Agreement to be Acquired by Affiliates of Francisco Partners and Evergreen Coast Capital for $86.05 per Share in Cash San Francisco, CA 94129 +1 (415) 418 2900 Telephone. The purchase price comes out to $86.05 per share in an all-cash deal. LogMeIn is selling itself to two private-equity companies, Elliott Management and Francisco Partners, in an all-cash deal that values the technology company at about $4.3 billion. Don't have an account? Francisco Partners and Evergreen Coast Capital Complete Acquisition of LogMeIn BOSTON, Aug. 31, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc., … Francisco Partners completes the sale of ClickSoftware to Salesforce for $1.4 Billion Enterprise Value. Press@LogMeIn.com Francisco Partners John Moore 215-657-4971 press@franciscopartners.com Elliott and Evergreen Stephen Spruiell 212-478-2017 sspruiell@elliottmgmt.com Articles connexes. Sign In Email or mobile number. BOSTON, March 12, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (Nasdaq: LOGM), a leading provider of cloud-based connectivity, today announced that its stockholders voted to adopt the previously announced definitive agreement in which LogMeIn will be acquired in a transaction led by Francisco Partners, a leading technology-focused global private equity firm, and Evergreen Coast Capital … A leading global growth private equity firm, TA Associates delivers deep expertise in five core industries. Francisco Partners and Evergreen Coast Capital in December 2019 announced plans to buy the remote access and control software company for $4.3 billion. Press@LogMeIn.com. Francisco Partners John Moore 215-657-4971 press@franciscopartners.com. London Office . LogMeIn acquired by Francisco Partners . Acquired by . FP previously invested in the secure remote access space through Bomgar/BeyondTrust. The company had a 52-week high of $96.87 per share and a low of $62.02. LogMeIn, a leading provider of cloud-based connectivity, today announced that it has entered into a definitive agreement (or the “Agreement”) to be acquired in a transaction led by affiliates of Francisco Partners, a leading technology-focused global private equity firm, and including Evergreen Coast Capital Corporation (“Evergreen”), the private equity affiliate… San Francisco - Francisco Partners, a leading global private equity firm that specializes in investments in technology and technology-enabled businesses, has entered into a definitive agreement alongside Evergreen Coast Capital, for the acquisition of LogMeIn, a leading provider of cloud-based connectivity, for approximately $4.3 billion enterprise value. Elliott Management Corp., Francisco Partners Management LLC, acquired LogMeIn, Inc. See 2860 Comparable Transactions synopsis: LogMeIn, Inc., a leading provider of cloud services for the work-from-anywhere economy, announced the completion of its sale to affiliates of Francisco Partners and Evergreen Coast Capital, the private equity affiliate of Elliott Management Corporation. Elliott’s involvement isn’t a complete surprise. FPC is owned by its principals and is not an affiliate of Francisco Partners Management, L.P. Other Senior Professionals . The acquisition price comes out to $86.05 per share in an all-cash agreement. LogMeIn stated that it has accepted to be auctioned for $4.3 billion to associates of Francisco Partners and Evergreen Coast Capital Corporation, the individual equity subsidiary of Elliott Management Corporation. Crunchbase News ; Subscribe to the Crunchbase Daily ; Who We Are. Try Pro Free . In Francisco Partners and Evergreen, we will gain experienced partners that believe in and are supportive of all of our businesses – partners committed to supporting our ongoing transition, as well as LogMeIn’s continued growth and focus on customer-centric innovation. Private equity firm Francisco Partners Management has partnered with hedge fund Elliott Management Corp. in a bid to take workplace software provider LogMeIn Inc. private for more than $4 … Industry expertise. Stay Connected. Elliott and Evergreen Stephen Spruiell 212-478-2017 sspruiell@elliottmgmt.com. Francisco Partners (FP) has been an active investor in cloud-based software, including investments in cybersecurity, DevOps enablement, and pricing analytics. LogMeIn, a SaaS company with an office in Dublin, has entered a definitive agreement to be acquired by Francisco Partners and Evergreen Coast Capital. Accelerated growth. But the sources stressed that the talks with Elliott and Francisco Partners may still fall through. 207 Sloane Street, 2nd Floor. Company ; Careers ; Partners … LogMeIn, Inc. (NASDAQ: LOGM) announced that it has entered into a definitive agreement to be acquired in a transaction led by affiliates of Francisco Partners, a … LogMeIn was bought out by Francisco Partners for $4.3B on Dec 17, 2019. Francisco Partners John Moore 215-657-4971 press@franciscopartners.com. The purchase price represents … Francisco Partners . 1. LogMeIn Enters into Definitive Agreement to be Acquired by Affiliates of Francisco Partners and Evergreen Coast Capital for $86.05 per Share. Sign up LogMeIn will not be holding a conference call or providing a financial outlook due to the Company’s pending transaction with affiliates of Francisco Partners and Evergreen Coast Capital Corp. Where to Find Additional Business and Financial Information Announced Date Dec 17, 2019; Price $4.3B; Get the most out of Crunchbase . Media Contacts: Craig VerColen LogMeIn, Inc. 781-897-0696 Press@LogMeIn.com. LogMeIn, Inc. is a provider of software as a service and cloud-based remote work tools for collaboration, IT ... LogMeIn announced an agreement to be sold for $4.3 billion to Francisco Partners and Evergreen Coast Capital Corp., which is a private equity affiliate of Elliot Management Corp. BOSTON, Aug. 14, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (“LogMeIn” or the “Company”) and Logan Merger Sub, Inc. (the “Issuer”), controlled by affiliates of Francisco Partners, L.P. (“Francisco Partners”), today announced that the Issuer has priced an offering of $950 million in aggregate principal amount of its 5.50% Senior Secured Notes due 2027 (the “Notes”). Francisco Partners London Office. Google Maps. … Click Here to learn more about TPG’s history and evolution since its founding in 1992. TPG is a global investment firm headquartered in San Francisco, California, and Fort Worth, Texas, with more than $91 billion in assets under management and 12 offices around the world. … Press Release - October 28 2019 . Next. View source version on GlobeNewswire.com Press Release - December 17 2019. A year ago, it bought a stake in LogMeIn. Transaction Name . Francisco Partners John Moore 215-657-4971 press@franciscopartners.com. This deal was done in Cash. *Through its Operating Partners and Operating Advisors, Francisco Partners Consulting (FPC) provides operational consulting services to the Funds managed by Francisco Partners and their portfolio companies. A Distinguished Track Record FFL has been focused on middle-market private equity for over 20 years. LogMeIn, Inc. 781-897-1301 Rob.Bradley@LogMeIn.com Press Craig VerColen LogMeIn, Inc. 781-897-0696 Press@LogMeIn.com Francisco Partners John Moore 215-657-4971 press@franciscopartners.com Elliott and Evergreen Stephen Spruiell 212-478-2017 sspruiell@elliottmgmt.com Source: LogMeIn, Inc. LogMeIn, Inc. 781-897-1301 rbradley@LogMeIn.com. Elliott and Evergreen Stephen Spruiell 212-478-2017 sspruiell@elliottmgmt.com.