Francisco Partners to buy SaaS analytics platform Sumo Logic for $1.7bn
American private equity firm Francisco Partners, through its affiliates, will acquire Sumo Logic, a SaaS analytics platform, in an all-cash transaction valued at around $1.7 billion. Post-closing, Sumo Logic will become a private company and cease to trade on any public market. Sumo Logic anticipates to expand its market opportunity, innovate its solutions, accelerate growth, […]