Francisco Partners to Acquire Weave for Approximately $650 Million

Healthcare technology company would become privately held following completion of the transaction.

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Weave Communications, Inc. will be acquired by Francisco Partners for approximately $650 million, with stockholders receiving $7.40 per share.
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The purchase price represents a 34% premium over Weave’s stock price before the acquisition announcement on August 17, 2026.
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If completed, Weave will cease trading on the New York Stock Exchange and continue operating as a privately held company.
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Weave serves over 40,000 locations with its AI-powered patient engagement and payments platform for healthcare practices.
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The transaction is expected to close in the fourth quarter of 2026, pending stockholder approval and regulatory approvals.

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