Francisco Partners to buy Blackline Safety in deal worth up to $850 million

The logo of Blackline Safety Corp. is shown in this handout image. THE CANADIAN PRESS/Handout - Blackline Safety Corp. (Mandatory credit)

CALGARY - Blackline Safety Corp. has signed an agreement to be bought by technology investment firm Francisco Partners Management LP in a deal worth up to $850 million.

Under the agreement, Francisco Partners will pay up to $9.50 per share for the Calgary-based company focused on safety technology.

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