Thursday, October 30, 2014

Vendavo Acquired By Francisco Partners

San Francisco-based private equity firm Francisco Partners said this morning that it has completed its acquisition of Vendavo the developer of pricing optimization and management software. Financial terms of the acquisition have not been announced. Francisco Partners was advised by JMP Securities in the deal, with Vendavo being advised by William Blair. Vendavo's backers included SAP, DCM-Doll Capital Management, InterWest Partners, Mesirow Financial, Sigma Partners, and Split Rock Partners.