Francisco Partners to Acquire Weave Communications for $650 Million

Weave Communications, Inc. (WEAV) entered into a merger agreement on August 18, 2026, to be acquired by Francisco Partners in a deal valued at $650 million.

Deal Overview:

Weave stockholders will receive $7.4 per share in cash, representing a premium of 33.82% from the stock’s last close.

Company Profile:

Weave Communications is a vertical SaaS company providing communication, engagement, scheduling, payments, and workflow management software to small and medium-sized healthcare practices. Its platform helps businesses manage patient interactions, appointments, payments, reviews, and other administrative tasks.

Francisco Partners is an investment firm focused on investing in technology and technology-enabled companies, providing capital and operational support to businesses across the technology sector. The firm has raised over $75 billion in capital to date.

Deal Details and Timeline:

Weave will continue to operate under the Weave name and maintain its headquarters in Lehi, Utah, as a private company.

The acquisition is anticipated to close in the fourth quarter of 2026.

Weave received financial advice from Jefferies and legal advice from Orrick, Herrington & Sutcliffe, while Francisco Partners received legal advice from Kirkland & Ellis.

Francisco will be paying 1.68 times the sales for Weave.

Deal Metrics:

For more details about this M&A transaction, please visit the Deal Metrics page here:

Deal Metrics for the acquisition of Weave Communications, Inc. (WEAV) by Francisco Partners

The Deal Metrics page for each merger or acquisition includes:

• A spread history chart of the merger from announcement through eventual completion or failure.
• Every event as the merger progresses through the expiration of the HSR period, various regulatory approvals, shareholder votes, etc.
• News and SEC filings.
• A history of deal updates.
• And a whole lot more.

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Editor’s Note: Baranjot Kaur contributed to this article