Francisco Partners to buy Jamf in take-private deal

NEW YORK: Private equity firm Francisco Partners is close to a deal to buy device management software provider Jamf, two people familiar with the matter said, taking the company private a little more than five years after its market debut.

Vista Equity Partners, which owns 34% of Jamf, is expected to exit its position as part of the transaction, the sources said, asking not to be identified since the deal is confidential. The deal is expected to receive final approval on Tuesday and could be announced as early as Wednesday, one of the sources added.