Francisco Partners to buy Connecture
Francisco Partners has agreed to acquire Brookfield, Wisconsin-based Connecture Inc, which provides information systems used to create health insurance marketplaces. According to terms of the deal, Francisco Partners will pay $0.35 per share for each share of Connecture common stock not held either by them or another Connecture backer Chrysalis Ventures or their affiliates. Kirkland & Ellis LP is providing legal advice to Francisco Partners on the deal while DLA Piper LLP (US) is doing likewise for Connecture.
5 January 2018•3 mins read
