M&A · Tech · Services-Prepackaged Software
Francisco Partners to acquire Weave Communications, Inc.
Announced Aug 18, 2026 · Closed Oct 26, 2026
Deal value$650MEV $544M
Premium34.0%To unaffected price
EV / Adj. EBITDA—2.1x EV / Revenue
ConsiderationAll cash$7.40 per share
Transaction
- Acquirer
- Francisco Partners
- Target
- Weave Communications, Inc. (WEAV)
- Buyer type
- Private equity
- Offer price per share
- $7.40
- Enterprise value
- $544M
- Status
- Closed Oct 26, 2026
Deal protections
- Break fee (target pays)
- $22.8M · 3.5%
- Reverse fee (buyer pays)
- $39.0M · 6.0%
- Go-shop
- No-shop
- Financing
- Committed · Jefferies
Advisors
- To the acquirer
- Not disclosed
- To the target
- Jefferies
- Jefferies fee
- $15.9M
Sector context · Tech
- Comparable deals
- 67 in the prior 24 months
- Premium
- 34.0% vs. 39.5% sector median
- EV / Adj. EBITDA
- Sector median 15.4x
- Break fee
- 3.5% vs. 3.0% sector median
Timeline
- AnnouncedAug 18, 2026
- Proxy filedSep 15, 2026
- Definitive proxySep 25, 2026
- Shareholder voteOct 22, 2026
- ClosedOct 26, 2026
Valuation · fairness opinions
Trading comparables$6.29$7.89
Trading comparables$6.32$8.21
Trading comparables$3.51$4.90
Precedent transactions$6.60$9.51
Discounted cash flow$6.25$8.08
Offer $7.40
Implied value per Weave Communications, Inc. share by analysis, from Jefferies · DCF discount rate 11%–12%.