Francisco Partners $438 million acquisition of ClickSoftware Technologies

Overview:

• Francisco Partners has acquired ClickSoftware Technologies for $438 million.
• The deal sees the company pay $12.65 per share.
• ClickSoftware is a provider of automated mobile workforce management and service optimisation solutions and is listed on the Nasdaq.
• Jefferies is acting as financial adviser to ClickSoftware. Barclays Capital is acting as financial adviser to Francisco Partners.

Sam Duke - Editor