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LogMeIn Alters Future With Francisco Partners And Evergreen Management

Cloud-based connectivity software provider LogMeIn has entered into a definitive deal to be purchased by private equity firms Francisco Partners and Evergreen Coast Capital for $86.05 a share, valuing the company at approximately $4.3 billion in total. The decision to exit the public market was announced earlier this month, stating that the agreement will help them achieve the next stage of their growth and expansion...