๐ WEAV +31%: Francisco Partners to acquire Weave Communications for $650M at 34% premium
Weave Communications ($WEAV) is surging after announcing it will go private in an all-cash deal with Francisco Partners at $7.40/share โ a 34% premium to Monday's close โ valuing the company at ~$650M. Weave's AI-powered platform serves 40,000+ healthcare practice locations, and the board voted unanimously to approve. Deal expected to close in Q4 2026. Is $7.40 a fair price or did shareholders leave value on the table? Not financial advice.
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