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Francisco Partners and TPG to Acquire Boomi from Dell Technologies

Francisco Partners and TPG to Acquire Boomi from Dell Technologies

Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG Capital, the private equity platform of global alternative asset firm TPG, have entered into a definitive agreement with Dell Technologies (NYSE:DELL) to acquire Boomi, a leading provider of cloud-based integration platform as a service (iPaaS). The cash transaction is valued at $4 billion and is expected to close by the end of 2021, subject to customary closing conditions.

More information can be found in the press release on the website of Boomi.