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Salesforce to acquire Francisco-owned ClickSoftware for $1.4B enterprise value

Technology-focused private equity firm Francisco Partners Management LP agreed to sell ClickSoftware Technologies Ltd., which it took private in 2015.

Enterprise cloud computing solutions company Salesforce.com Inc. is buying ClickSoftware for an enterprise value of $1.4 billion.

ClickSoftware provides field service management solutions and optimization technology to various industries.

Goldman Sachs was the exclusive financial adviser and Paul Hastings was the legal adviser to Francisco Partners on the deal.