
Francisco takes Emailvision private
Francisco Partners has taken French email service provider Emailvision private, in a deal that values the company at €83m.
The private equity firm bought 11,681,788 shares at €3.95 per share, a 63% premium over the last 250 trading days' average share price. Francisco secured a 59% stake in the company following its €49m investment.
Founded in 1999, Paris-based Emailvision is a provider of software as a service (SaaS) for email marketing. Its main product, Campaign Commander, is used by more than 4,500 marketers worldwide to plan, design, deliver and analyse their email marketing campaigns. Emailvision was floated on Alternext Paris in 2006.
Currently employing more than 300 people, the company posted a €29.3m turnover for 2009 – up 35% from the previous year.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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