Weave Communications Announces Merger Agreement with Francisco Partners

What Happened
Weave Communications, Inc. announced on August 18, 2026 that it has executed an Agreement and Plan of Merger with Willow Parent, LLC and Willow Merger Sub, Inc., which are affiliates of Francisco Partners Management, L.P. The company furnished a press release about the transaction as Exhibit 99.1 to the Form 8‑K and said it expects to file a proxy statement and call a special meeting of stockholders to obtain approval of the proposed transaction.

Key Details

• Announcement date: August 18, 2026.
• Parties: Weave Communications and Willow Parent, LLC / Willow Merger Sub, Inc. (affiliates of Francisco Partners).
• Next steps: Company will file the required proxy materials with the SEC and schedule a special stockholder meeting for approval. Closing is subject to stockholder and regulatory approvals and other customary closing conditions.
• Filing notes forward‑looking statements and related risks (e.g., regulatory approvals, potential business impacts while the deal is pending, possible litigation, and stock price volatility).

Why It Matters
This filing notifies investors that Weave has agreed to a merger with private‑equity affiliated buyers and that the transaction remains subject to approvals and customary closing conditions. Investors should watch for the forthcoming proxy statement for transaction economics, timing, and any director/management changes. The disclosure also warns that the pendency of the deal may affect the company’s operations and its stock price; investors are urged to read the definitive proxy and related SEC filings once they are available.