Francisco Partners invests in NMI

Francisco Partners has invested in NMI, taking a majority stake. Financial terms weren’t announced. The deal, which has closed, calls for Bregal Sagemount to sell its holding, while Great Hill Partners will remain a significant shareholder. NMI, of Roselle, Illinois, provides payments enabling technology for ISOs, VARs, ISVs. Financial Technology Partners LP provided financial advice to NMI, while Goodwin Procter LLP acted as legal advisor. William Blair & Company provided financial advice to Francisco Partners. Kirkland & Ellis LLP was the attorney for Francisco.

DealsNorth AmericaUSBriefs