Francisco Partners to acquire Weave for approximately $650M

What's the deal? Francisco PartnersDealroom has a profile for this one. Try Dealroom → has agreed to acquire publicly listed Weave in a transaction with an aggregate equity valuation of approximately $650 million. Weave stockholders will receive $7.40 per share in cash, a premium of about 34% to the unaffected closing price on 17 August 2026. The transaction is expected to close in the fourth quarter of 2026, subject to stockholder and regulatory approvals; Weave will then become a private company.

Why it matters. Weave provides an AI-powered patient engagement and payments platform for healthcare practices. The company says more than 40,000 locations use its software, and that the transaction will support further investment in its AI platform, payments and revenue cycle management capabilities.

Read more: StockTitan · Business Wire