Francisco Partners Joins Forces with H.I.G. Capital to Acquire and Invest in RBmedia
September 14, 2023
SAN FRANCISCO – September 14, 2023 – Francisco Partners, a leading global investment firm, specializing in technology and media-focused businesses, announced today that it has partnered with H.I.G. Capital and RBmedia’s management to complete the acquisition of RBmedia from KKR. With this investment, H.I.G. and Francisco Partners will support RBmedia, the leading audiobook publisher in the world, in the continued growth of the company’s vast catalog of spoken content and powerful distribution network that reaches millions of global listeners.