Thursday, February 9, 2012
Concerro Acquired By Francisco Partners
San Diego-based Concerro, the developer of workforce management and scheduling software-as-a-service, has been acquired by private equity firm Francisco Partners. Financial terms of the buy were not disclosed. According to Francisco Partners, the acquisition came via its portfolio firm API Healthcare. Concerro develops software-as-a-service used to manage healthcare staffing and scheduling. Concerro was venture backed by Aperture Venture Partners, Carrot Capital LLC, and Himalaya Capital. The firm started out life known as BidShift.