Shearman & Sterling is advising Francisco Partners on its acquisition of Vendavo, Inc., a leader in business-to-business (B2B) pricing solutions. Financial terms of the transaction were not disclosed.
Based in Mountain View, Calif., Vendavo provides revenue and price optimization and management solutions for B2B mid-market and enterprise companies. Francisco Partners is a global private equity firm focused exclusively on investments in technology and technology-enabled services businesses.
The Team
Praxisgruppen