Apple device management platform Jamf is becoming a private company, following a $2.2 billion deal with investment firm Francisco Partners.
Jamf logo
Jamf logo
An deal has been struck between Apple device management service Jamf and private equity firm Francisco Partners. Confirmed on Wednesday after some details of the deal leaked to Reuters, the agreement sees Jamf become a privately-owned company, instead of a public one.
The stock market responded to the news by raising Jamf’s share price up by over 15% in premarket trading. The offer price is $13.05 per share, which is a premium of 24% on Jamf’s September 11 closing price.