The all-cash transaction values Weave at a 34% premium to its August 17 closing price.
Francisco Partners will purchase Weave Communications (WEAV) for $7.40 per share in an all-cash deal, valuing the company at approximately $650 million. The offer represents a 34% premium over Weave’s unaffected closing price on August 17, 2026.
Weave’s stock had previously traded at lower levels before the announcement, reflecting market expectations ahead of the deal. The transaction underscores private equity interest in technology and communications firms amid a competitive deal environment.
No immediate market reaction details were provided in the release.