Temasek takes minority stake in PE-backed BluJay Solutions
Temasek has acquired a minority stake in BluJay Solutions Group, a portfolio company of Francisco Partners. According to an announcement on the transaction, the investment puts BluJay at a valuation of about $700 million. Fried Frank and Arma Partners advised Francisco Partners on the sale while Debevoise & Plimpton provided legal counsel to Temasek. BluJay is a provider of supply chain software and services.





