PE Firm Francisco Partners to Purchase Sumo Logic for $1.7B

Francisco's $12.05-Per-Share Bid Comes 29 Months After Analytics Vendor Went Public
Francisco Partners has joined Thoma Bravo and Vista Equity Partners in the take-private cybersecurity spree, agreeing to buy data analytics vendor Sumo Logic for $1.7 billion. The offer will allow Sumo Logic to expand its market opportunity, innovate on critical solutions and accelerate growth.

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