Kirkland Reps PE Firm In Deal For Biometrics Co.

Law360, Chicago (July 16, 2012, 12:58 PM EDT) -- Private equity firm Francisco Partners has inked a deal to purchase biometric identity systems provider Cross Match Technologies Inc., adding to its technology-focused portfolio, the buyer said Monday.

Cross Match and Francisco Partners, which typically invests in deals valued from $50 million to more than $2 billion, did not disclose the terms of the sale. British technology company Smiths Group PLC, however, said it had agreed to sell its minority stake in Cross Match to Francisco Partners for up to $77 million, with the buyer paying...
To view the full article, register now.