AB Private Credit Investors Leads Financing for Sumo Logic

Sector: Software & Tech-Enabled Services

AB Private Credit Investors (“AB-PCI”) is pleased to announce that it served as Administrative Agent, Lead Arranger and Joint Bookrunner on the debt financing transaction that supported Francisco Partners’ take-private acquisition of Sumo Logic, Inc. Sumo Logic is a SaaS analytics platform that enables reliable and secure cloud-native applications. 

The expertise of AB-PCI’s dedicated software investing team, which has a proven track record of providing tailored financing solutions to software companies, was a key consideration for Francisco’s choice. Furthermore, AB-PCI’s recent experience with take-private transactions in the software industry was essential to structuring the debt facilities.

AB-PCI is proud to have played a key role in supporting Francisco Partners’ acquisition of Sumo Logic and looks forward to continuing its partnership with Francisco and the company.

 

Sumo Logic, Inc. empowers the people who power modern, digital business. Through its SaaS analytics platform, Sumo Logic enables customers to deliver reliable and secure cloud-native applications. The Sumo Logic Continuous Intelligence Platform™ helps practitioners and developers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructures. Customers around the world rely on Sumo Logic to get powerful real-time analytics and insights across observability and security solutions for their cloud-native applications. For more information, visit www.sumologic.com. 

 

Francisco Partners is a leading global investment firm that specializes in partnering with technology businesses. Since its launch over 20 years ago, Francisco Partners has invested in over 400 technology companies, making it one of the most active and longstanding investors in the technology industry. With approximately $45 billion in capital raised to date, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit www.franciscopartners.com.

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