Francisco Partners Makes Strategic Growth Investment in SourceScrub

Datasite Acquires Sourcescrub

August 12, 2025

Data & Analytics

Datasite has acquired Sourcescrub, a California-based deal-sourcing data and workflow provider, from Francisco Partners. Sourcescrub's data and capabilities will be integrated into Grata to expand Datasite's private market intelligence and AI-powered sourcing solutions.

Francisco Partners Makes Strategic Growth Investment in Accela

September 6, 2023

Government & Public Sector

Accela, a provider of cloud-based government software, received a strategic growth investment from Francisco Partners while Berkshire Partners remains a significant, equal equity investor. The undisclosed capital will be used to accelerate Accela's product and market growth as the company expands its civic cloud platform for state and local governments.

Francisco Partners Makes Strategic Growth Investment in Paradigm

October 13, 2021

Software

Francisco Partners has made a strategic growth investment in Paradigm, the software group that manages PracticePanther, Bill4Time, MerusCase and Headnote, to support product innovation and continued growth. Paradigm, formed by ASG and backed by Alpine Investors, will use the capital and Francisco Partners' software and payments expertise to expand its product suite and accelerate adoption among law firms; the transaction is expected to close in Q4 with terms undisclosed.

Francisco Partners Provides $60M Growth Investment to Reciprocity

September 8, 2022

Cybersecurity

Reciprocity, a provider of cyber risk and compliance software built around its ROAR platform, has closed a $60 million strategic growth investment from Francisco Partners. The capital will be used to accelerate product innovation and expand go-to-market activities to serve CISOs and business leaders.

Francisco Partners Invests in Perforce Software, Joining Clearlake as Equal Partner

July 8, 2019

Software

Perforce Software received a significant new equity investment from Francisco Partners, which will become an equal partner with affiliates of Clearlake Capital; Perforce's management also participated in the transaction. The capital will support Perforce's buy-and-build growth strategy to expand its DevOps platform, accelerate M&A activity and extend its global footprint; terms were not disclosed.

Vista Equity Partners Invests in SmartBear; Francisco Partners Remains Co-Owner

October 21, 2020

Software

SmartBear announced that Vista Equity Partners has made a significant investment and will join Francisco Partners as equal owners of the company. The capital infusion is intended to help SmartBear broaden and strengthen its DevOps and software quality solutions and to pursue continued organic and inorganic growth. SmartBear is headquartered in Somerville, Massachusetts and serves millions of developers across thousands of organizations.