×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

MarchFirst gets $150M from Francisco Partners

Published on .

Chicago--MarchFirst Inc. has received a $150 million investment from Francisco Partners, a San Francisco-based private equity firm. Francisco will invest the capital in exchange for shares of MarchFirst preferred stock that will equate to 17% ownership. The financing round is a timely one for MarchFirst, which recently slashed its work force by 10% and whose stock has been battered. Its shares have been trading in the low single digits, off a 52-week high of $72 5/16.
Most Popular
In this article: