Francisco Partners
San Francisco, California, United States · Founded 1999
201-500 employees · $45B+ in capital raised since inception
Sourced & current · updated Jul 20, 2026Website
Francisco Partners is a global private equity firm focused on partnering with technology and technology-enabled businesses. Owns Merative (formerly IBM Watson Health, acquired June 2022) and The Weather Company (formerly IBM-owned, acquired February 2024). Both deals carved off IBM non-core assets at multi-billion-dollar valuations.
Where they sit
One of the largest and most active technology-focused private equity firms globally, with a strong track record in complex carve-outs and technology transformations
Ownership
Subsidiaries