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Francisco Partners and Evergreen Coast Capital to Acquire LogMeIn for Approximately $4.3 Billion

December 19, 2019

San Francisco - Francisco Partners, a leading global private equity firm that specializes in investments in technology and technology-enabled businesses, has entered into a definitive agreement alongside Evergreen Coast Capital, for the acquisition of LogMeIn, a leading provider of cloud-based connectivity, for approximately $4.3 billion enterprise value. Paul Hastings served as lead buy-side counsel and is representing Francisco Partners on the transaction.

“This investment builds on the strength of our infrastructure and security software franchise and we are thrilled to partner with the company to achieve its long-term strategic vision,” noted Dipanjan “DJ” Deb, co-founder and CEO of Francisco Partners.

The Paul Hastings team included M&A partners

,  and , Benefits partner , IP partner , Regulatory/Compliance partner , Tax partner , Antitrust of counsel , M&A associates  and , IP associate , and Regulatory/Compliance associate . Paul Hastings previously advised Francisco Partners on a number of other transactions in 2019, including  and .

The transaction is expected to close in mid-2020, subject to customary closing conditions.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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