MEDIUMBusinessTier 1

Investment firm completes $650M acquisition of Weave

SourceBecker's Dental + DSO ReviewTier 1Hard News

By Ariana Portalatin

Originally at beckersdental.com

Summary & scoring by The Bell Brief (Dr. Jennifer Bell) using the Drill-Down Protocol (Drill-Down Score) — not the original publisher.

Why it matters for dental

Practice owners and DSOs that rely on Weave’s patient-engagement and scheduling platform now operate under new private-equity ownership, which could alter product road maps, pricing, or support structures.

Key points

  1. 01Francisco Partners completed its acquisition of Weave for approximately $650 million.
  2. 02Weave stockholders received $7.40 per share in cash.
  3. 03Weave is now privately held and delisted from the New York Stock Exchange.
  4. 04Weave CEO Brett White stated the transaction will let the company provide more value to its more than 40,000 customer locations.

Who should care

OwnerDSO

Read the original on Becker's Dental + DSO Review

Full reporting and any paywall content live on beckersdental.com. We summarize and score; we do not republish.

Open original

Related