United States · 
What does Francisco Partners invest in?
Francisco Partners invests most often at Growth and Venture (71% of the rounds on record), in sectors such as Technology and Technology-enabled.
Francisco Partners highlights
- 01
1 cheques in the last 12 months
- 02
Mostly Growth and Venture: 71% of its rounds
- 03
Sole investor in 12 rounds, median $93M
- 04
3 exits from the portfolio
What they do
Francisco Partners is a leading technology investment firm ... Through our private equity and credit funds, we provide flexible capital and partnership to growth-aspiring technology companies.From their own website
- Type
- Private equity
- Cheque size
- Not stated
- Stages
- Buyout
- Sectors
- TechnologyTechnology-enabled
- Based in
- San Francisco, United States
- Cold pitches
- Not accepted
The record
Every round we can evidence, newest first24 appearances
- 2026
1 round
- Sept
- 2019
2 rounds
- Aug
- Jul
- 2018
1 round
- Jul
- 2017
2 rounds
- Jul
- Apr
- 2015
5 rounds
- Oct
- Jun
- Apr
- Feb
- Jan
- 2014
3 rounds
- Nov
- Jul
- May
- 2013
3 rounds
- Aug
- May
- Jan
- 2008
3 rounds
- Sept
- Mar
- Jan
- 2007
3 rounds
- Nov
- Aug
- Aug
- 2006
1 round
- Jan
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration21 named
ARAndrew R. BrownExecutive Officer, PromoteriFiling they signed
ARAndrew R. KowalMANAGING DIRECTOR OF THE GP OF THE GPiFiling they signed
ARAndy R. BrownExecutive Officer, PromoteriFiling they signed
BHBenjamin H. BallManageriFiling they signed
BDBrian DeckerExecutive Officer, PromoteriFiling they signed
CRChris R. AdamsMANAGING DIRECTOR OF THE GP OF THE GPiFiling they signed
DRDavid R. GolobMANAGING DIRECTOR OF THE GP OF THE GPiFiling they signed
DMDavid M. StantonManageriFiling they signed
DDDeb DipanjanManaging Director of the GP of the GPiFiling they signed
DRDeep R. ShahManaging Director of the GP of the GPiFiling they signed
D(Dipanjan (nmn) DebManaging Director of the GP of the GPiFiling they signed
EPEzra PearlmanExecutive Officer, PromoteriFiling they signed
EREzra R. PerlmanManaging Director of the GP of the GPiFiling they signed
JBJason BreinExecutive Officer, PromoteriFiling they signed
JWJohn Winship HerrManaging Director of the GP of the GPiFiling they signed
KMKeith M. GeeslinManageriFiling they signed
NMNeil M. GarfinkelManageriFiling they signed
PRPeter R. ChristodouloMANAGING DIRECTOR OF THE GP OF THE GPiFiling they signed
SGSteven Glenn EisnerGeneral Counsel and Chief Compliance OfficeriForm ADV
TLThomas Lawrence LudwigManaging Director of the GP of the GPiFiling they signed
WLW Lake BrendanRelated Person is Managing Member of General PartneriFiling they signed
We also hold 155 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$47Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Francisco Partners Management, L.P.
- SEC number
- CRD 160272
Funds on its Form ADV
42 private funds, $45B in gross assets · filed Mar 2024
- Francisco Partners VII-A, L.P.Private equity235 investors$6.7B
- Francisco Partners VII, L.P.Private equity271 investors$5.7B
- Francisco Partners V, L.P.Private equity204 investors$4.6B
- Francisco Partners VI, L.P.Private equity246 investors$4.5B
- Francisco Partners IV, L.P.Private equity126 investors$2.5B
- Francisco Partners VI-A, L.P.Private equity80 investors$2.4B
- FP Credit Partners II, L.P.,Private equity157 investors$2.3B
- Francisco Partners V-A, L.P.Private equity48 investors$2.0B
- Francisco Partners Agility III, L.P.Private equity210 investors$1.6B
- Francisco Partners Agility III-A, L.P.Private equity141 investors$1.5B
And 32 more on the filing.
Who backs their funds
4 LPs on record in Francisco Partners's funds
- Committed
- $5.4B
- Funds
- 13
- Vintages
- 2000 to 2025
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Mar 2026.
California Public Employees' Retirement System (CalPERS)7 funds$2.0B
Fund Vintage Committed Francisco Partners Agility III 2025 $100M Francisco Partners VII 2023 $450M Q-Street Capital 2021 $900M Francisco Partners VI 2021 $209M Francisco Partners Agility II 2020 $50M Francisco Partners III 2011 $100M Francisco Partners II 2006 $175M - California State Teachers Retirement System8 funds$1.2B
Fund Vintage Committed Francisco Partners Agility III 2025 $100M Francisco Partners VII A 2023 $300M Francisco Partners VI 2021 $300M Francisco Partners Agility II 2020 $50M Francisco Partners V 2018 $200M Francisco Partners Agility 2017 $50M Francisco Partners IV 2015 $140M Francisco Partners III 2011 $75M 
Oregon Public Employees Retirement Fund8 funds$1.1BFund Vintage Committed Francisco Partners VII 2023 $250M Francisco Partners Agility III 2023 $50M Francisco Partners VI 2020 $250M Francisco Partners Agility II 2020 $50M Francisco Partners V 2018 $200M Francisco Partners IV 2015 $150M Francisco Partners III 2011 $100M Francisco Partners II 2006 $100M 
Washington State Investment Board6 funds$1.0BFund Vintage Committed Francisco Partners VII 2023 $300M Francisco Partners VI 2021 $300M Francisco Partners V 2018 $200M Francisco Partners IV 2015 $140M Francisco Partners, L.P. - WSIB Secondary 2004 $10M Francisco Partners 2000 $60M
What they claim to have backed
From their own portfolio page (on their website)
0 of 2 we have independently watched raise
HiportalServices
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Exits from the portfolio
Companies it backed that were later bought or listed3 in all
Metaswitch NetworksBought by MicrosoftUndisclosedMay 2020
AvangateBought by Francisco PartnersUndisclosedOct 2013
NumonyxBought by Micron Technology$1.3BFeb 2010
An exit counts when it came after the firm's first round in the company. From historical deal records.
Companies it bought
Acquisitions by the firm itself
HealthcareSourceUndisclosedApr 2015
Procera NetworksUndisclosedApr 2015
VendavoUndisclosedOct 2014
AvangateUndisclosedOct 2013
Avangate BVUndisclosedOct 2013
KewillUndisclosedJul 2012
Cross Match TechnologiesUndisclosedJul 2012
Grass ValleyUndisclosedJun 2011
SmartFocus$83MJan 2010
QuadraMedUndisclosedDec 2009
WatchGuard$151MJul 2006
RedPrairieUndisclosedMay 2005