Mergers & Acquisitions ·
Francisco Partners completes $650M acquisition of Weave for $7.40 per share in cash
WEAVWeave Communications, Inc.
Francisco Partners completed its acquisition of Weave Communications through a merger on October 26, 2026. Stockholders received $7.40 per share in cash, representing an aggregate transaction value of approximately $597.46 million and a total deal valuation of roughly $650 million. The company's common stock was delisted from the New York Stock Exchange, and Weave became a wholly owned subsidiary of Willow Parent, LLC, an affiliate of Francisco Partners. Concurrently, the company entered into a new credit agreement providing a $190 million term loan facility, a $25 million delayed draw term loan, and a $25 million revolving credit facility with Hercules Capital, while repaying its existing line of credit in full. Weave operates as a vertical SaaS provider delivering an AI-powered patient engagement and payments platform for healthcare practices.