Skip To The Main Content

News & Events

Matter Highlights Go Back

Blackstone Acquires Strategic Minority Stake in Francisco Partners

07.13.18

Simpson Thacher represented Blackstone’s Strategic Capital Group in connection with its acquisition of a strategic minority stake, along with Goldman Sachs Asset Management’s Petershill program, in Francisco Partners. Terms of the transaction were not disclosed.

Francisco Partners is a leading global private equity firm that specializes in investments in technology and technology-enabled services businesses.

The Simpson Thacher team included Maripat Alpuche, Matthew Rogers, Izzy Lubarsky and Kathey Guo (M&A); Peter Gilman, Rajib Chanda,
 Beth Bates, Jessica O’Connell and Sheena Shah (Funds and Funds Compliance); Drew Purcell and Jasmine Hay (Tax); and Jamin Koslowe (Executive Compensation and Employee Benefits).