Menlo Park-Based Francisco Partners to Acquire Endeavor Information Systems

Menlo Park, Calif. -- Francisco Partners, a Menlo Park-based technology-focused private equity fund, said on Tuesday that it will acquire Illinois-based Endeavor Information Systems from London-based parent Elsevier. Financial terms of the deal were not disclosed. Endeavor will be merged with library software and services firm Ex Libris, which was acquired by Francisco Partners earlier this year. The combined company will have a customer base that includes 25 national libraries and five of the six largest libraries in the world. "Ex Libris and Endeavor are natural partners," said Andrew Gray, a principal with Francisco Partners.
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