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Dynamo Software receives majority investment from Francisco Partners

Software provider Dynamo Software has received a majority investment from Francisco Partners Management LP.

The terms of the deal were not disclosed, but members of Dynamo's management, as well as its employees, will retain significant ownership stakes in the company.

Weil Gotshal & Manges LLP served as Francisco Partners' adviser for the deal, while Quayle Munro and DLA Piper served as Dynamo's advisers. Madison Capital provided debt financing.