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Francisco Partners to acquire Litmos from SAP

Francisco Partners (FP), an investment firm that partners with technology businesses, has signed a deal with SAP America Inc to acquire SAP Litmos (Litmos), a specialist in the learning management system market. The transaction is expected to close in the fourth quarter of 2022 and is subject to customary regulatory clearances. Financial terms of the transaction have not been disclosed.

Since its launch over 20 years ago, Francisco Partners has invested in over 400 technology companies, making it one of the most active and long-standing investors in the technology industry. Francisco Partners has experience in the education and human capital technology market and its investments have focused on companies that provide the best possible products for its customers, partners and managers. Francisco Partners also has extensive experience partnering with corporations to execute divisional carve-outs with transactions such as IBM’s Watson Health business (now Merative) and Discovery Inc’s Discovery Education business.
The current Litmos leadership team will continue in similar roles in the new stand-alone company, serving existing customers, such as corporations, OEMs and technology partners.

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