candidates. On October 26, 2020, Francisco Partners announced the acquisition of Forcepoint, a cybersecurity company formerly owned by Raytheon Technologies. Shortly thereafter, the firm bought MyFitnessPal from Under Armour for $345 million. The acquisition completed on December 1, 2020. On August 31, 2020, the deal closed for Francisco Partners to buy LogMeIn, most known for LastPass password manager, for $4.3 billion together with Evergreen Coast Capital Corp., a private equity affiliate of Elliott Management. In September 2020, Francisco Partners investment GoodRx went public on the Nasdaq, with a market cap of about $19.4 billion. 2021 On January 11, 2021, Francisco Partners completed acquisition of Forcepoint. In March 2021, the firm entered into a partnership with Zenefits that gave them full control of the company. Also in early 2021, Francisco Partners acquired MyHeritage for a reported $600 million. In May 2021, Francisco Partners and TPG Capital agreed to acquire cloud-based integration business Boomi from Dell for $4 billion. In July 2021 Francisco Partners acquired STARLIMS from Abbott Informatics. They also completed an acquisition for the EHR vendor OfficeAlly in December 2021. 2022 On January 21, 2022, Francisco Partners acquired health data assets from IBM's Watson Health unit. These assets included Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex, and imaging software offerings. The assets were valued at a reported $1 billion. Also in 2022, Francisco Partners announced the acquisition of bswift from CVS Health. bswift is a provider of software and services for benefits and human resources administration. Business model Francisco Partners specializes in financing divisional buyouts, take privates of public companies, sponsored mergers and acquisitions, growth equity financing, recapitalizations, and restructurings. The firm primarily invests in maturing or mature technology and technology-related companies in areas such as software, internet, healthcare, communications, hardware, and technology services. The firm typically acquires a majority or controlling stake in its portfolio companies, but will occasionally acquire a minority interest in a company with board representation. Specializing in technology buyouts, Francisco has acquired former venture capital-backed companies, as well as many divisions of large conglomerates and IT companies worldwide. Offices and employees The firm is based in San Francisco, California, with additional offices including one in London, United Kingdom. Francisco Partners is currently led by CEO Dipanjan Deb, one of the firm's founders, along with Ezra Perlman and Deep Shah, co-presidents, and David Golob, the chief investment officer. List of investments Top-ranked in 2020