Weave to be acquired by Francisco Partners for USD 650 million in cash deal

Reuters2026/08/18 13:02

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Francisco Partners agreed to buy Weave Communications in a cash deal valuing the equity at about USD 650 million.
Weave shareholders will receive USD 7.4 per share, a 34% premium to the Aug. 17, 2026 unaffected close.
Weave will be taken private, delisting from the NYSE, while keeping its name and Lehi, Utah headquarters.
Closing is expected in Q4 2026, subject to shareholder and regulatory approvals.
No executive officer has agreed to roll over equity or invest alongside Francisco Partners as of the agreement date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weave Communications Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260818338940) on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Weave to be acquired by Francisco Partners for USD 650 million in cash deal

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