Jamf Holding to be acquired by Francisco Partners for $13.05 per share

Jamf announced that it has entered into a definitive agreement with Francisco Partners for FP to acquire all the outstanding shares of Jamf. Under the terms of the agreement, FP will purchase all the outstanding shares of Jamf common stock for $13.05 per share in an all-cash transaction, valued at approximately $2.2B. The purchase price represents a premium of approximately 50% over Jamf’s volume weighted average closing share price for the 90 days prior to September 11. The transaction, which was unanimously approved by the Jamf board of directors, is expected to close in the first quarter of 2026, subject to customary closing conditions, including approval by Jamf stockholders and receipt of required regulatory approvals. Upon completion of the transaction, Jamf will become a privately held company and shares of Jamf common stock will no longer be listed on any public market. Vista Equity Partners, Dean Hager and John Strosahl, who own approximately 34.0%, 1.1% and 0.2%, respectively, of Jamf’s outstanding shares of common stock as of October 24 have agreed to vote their shares in favor of the transaction. As part of the transaction, Vista will conclude its investment upon close. Jamf will continue to operate under the Jamf name and maintain its headquarters in Minneapolis, Minnesota.