Q&A: ClickSoftware Acquired By A Private Equity Firm - What You Need To Know

By Sarah Nicastro, publisher/editor in chief, Field Technologies
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On April 30^th, 2015 it was announced that ClickSoftware has signed a definitive agreement to be acquired by Francisco Partners Management L.P. (or "Francisco Partners"), a leading global technology-focused private equity firm, in an all-cash transaction valued at approximately $438 million. I recently spoke with Stephen Timms, President of the Americas at ClickSoftware about the recent acquisition, what it means for ClickSoftware customers and prospective customers, and what it says about the industry.