Transactions
Jul. 16, 2002
GE AND FRANCISCO MAKE $800 MILLION EXCHANGE
Francisco Partners has agreed to an $800 million leveraged buyout of General Electric Co.'s Global eXchange Services. The deal was announced June 24.
San Francisco-based Francisco Partners is a buyout fund that focuses on technology companies. It typically participates in buyouts, recapitalizations and management-led reorganizations.
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