Francisco Partners to acquire Weave Communications for $650M

Go back to Francisco Partners to acquire Weave Communications for $650M

Weave Announces Acquisition by Francisco Partners

August 18, 2026 9:00 AM EDT

Transaction Accelerates Investment in Weaves AI-Powered Platform for Healthcare Practices

Weave Stockholders to Receive $7.40 Per Share in Cash, Representing a 34% Premium

LEHI, Utah & SAN FRANCISCO--(BUSINESS WIRE)-- Weave Communications, Inc. (Weave) (NYSE: WEAV), a leading AI-powered patient engagement and payments platform purpose-built for healthcare practices, and Francisco Partners (FP), a leading global investment firm that specializes in partnering with technology companies and technology-enabled businesses, today announced that FP has entered into a definitive agreement to acquire Weave, at an aggregate equity valuation of approximately $650 Million.

Under the terms of the... More