Ropes & Gray Advises Francisco Partners on its Recommended £175 Million Cash Offer for AIM Quoted Blancco Technology

In The News
August 9, 2023

Ropes & Gray is advising leading global investment firm Francisco Partners, on its £175 million ($223.6 million) acquisition of AIM quoted Blancco Technology Group plc (“Blancco”).

Blancco is a market leader in secure data erasure and mobile lifecycle solutions with a core product offering of B2B secure data erasure software provided to enterprises, IT asset disposal vendors and the mobile industry.

The transaction was announced on 2 August 2023 and is expected to close in the last quarter of 2023.

The Ropes & Gray team was led by private equity transactions partners Dan Oates and Angela Becker, alongside associates Victoria Srivastava, George Taylor, Charlie Shephard, Emilio Fabrizi, Victoria Wilson, and trainee Charlotte Hoggarth based in the London office. Other members of the team included: partner Rohan Massey, and associate Catherine Keeling (data, privacy & cybersecurity), partner Alex Robb and associate Benjamin Cooper (finance), and partner Zachary Blume and associate Emily Weiss-Cook (US securities & public companies) in the US.