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Weave Scooped up for $650M

Weave shareholders will get $7.40 a share as the private equity firm plans to expand the company’s AI platform and payments tools.

Summary by Payments Dive
The latest purchase by Fransciso Partners adds to the private equity firm’s stockpile of payments companies, including one it bought earlier this month.

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Business Wire broke the news in Crystal River, United States on Tuesday, August 18, 2026.
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