The planned sale of RBmedia by KKR to H.I.G. Capital closed last week. In the announcement, it was disclosed that another tech-focused private equity firm, Francisco Partners, had “partnered” with H.I.G. Capital in the purchase. Francisco Partners executives Matt Spetzler and Jason Brein said in the release: “We are excited to partner with H.I.G. to help usher in RBmedia’s next phase of growth as the audiobook industry continues to expand. Francisco Partners has extensive experience in audio and content publishing, technology and media and we believe audiobooks are at a positive inflection point. Working together, our capital and operating insights […]
