Francisco Partners has entered into a definitive agreement to acquire Jamf, a global leader in Apple device management and security, in an all-cash deal valued at approximately $2.2bn.

Under the terms of the agreement, Jamf shareholders will receive $13.05 per share in cash, a 50% premium over the company’s 90-day average share price prior to September 11, 2025. The deal will see Vista Equity Partners, Jamf’s largest shareholder, fully exit its investment upon completion.

Founded in 2002 and based in Minneapolis, Jamf provides a comprehensive suite of software products that help enterprises, schools, and public-sector organisations manage and secure Apple devices. The company serves more than 75,000 customers worldwide.

Jamf CEO John Strosahl said the transaction will “provide greater financial flexibility and strategic alignment to accelerate growth, expand through innovation and M&A, and strengthen market leadership.”

Francisco Partners Vice President Cherry Zou praised Jamf’s “enviable position” in the Apple enterprise ecosystem, noting the firm’s potential to scale its product suite and customer base globally.

The acquisition, unanimously approved by Jamf’s Board of Directors, is expected to close in the first quarter of 2026, pending shareholder and regulatory approvals. Jamf will remain headquartered in Minneapolis and continue to operate under its existing brand.

Vista Equity Partners’ Michael Fosnaugh, who serves as Chairman of Jamf’s Board, said the sale reflects “the strength of the Jamf team and the distinctiveness of its platform,” highlighting Vista’s role in supporting the company through a period of transformative growth.

Advisors on the deal include Citi as financial advisor and Kirkland & Ellis as legal counsel to Jamf, while Francisco Partners was advised by RBC Capital Markets, Goldman Sachs, Deutsche Bank, and Simpson Thacher & Bartlett.

The acquisition adds to Francisco Partners’ expanding portfolio of technology investments, underscoring its growing influence in enterprise software and security solutions.

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