Security News > 2019 > December > LogMeIn sold to a private equity for $4.3 billion

LogMeIn, a leading provider of cloud-based connectivity, announced that it has entered into a definitive agreement to be acquired in a transaction led by affiliates of Francisco Partners, a leading technology-focused global private equity firm, and including Evergreen Coast Capital Corporation, the private equity affiliate of Elliott Management Corporation, for $86.05 per share in cash. The all-cash transaction values LogMeIn at an aggregate equity valuation of approximately $4.3 billion. Under the terms of the Agreement, … More → The post LogMeIn sold to a private equity for $4.3 billion appeared first on Help Net Security.

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