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Private Investment Firm Francisco Partners Invests in High-Performance PC Gaming Brand Glorious

Francisco Partners Invests in High-Performance PC Gaming Brand Glorious

Francisco Partners, a technology-focused investment firm has made an investment in the Dallas-based high-performance PC gaming peripherals company Glorious.

The transaction closed in October 2022. Financial terms have not been disclosed.

Glorious produces equipment for PC gamers, including mice, custom mechanical keyboards and mouse pads.

Pat Wachendorf is the new CEO, most recently serving as the COO of SteelSeries, a gaming and esports peripherals company. Wachendorf will succeed Shazim Mohammad, Glorious’ founder.

Mohammad will remain a significant shareholder in the company and assume the role of Chief Visionary.

Francisco Partners has invested in over 400 technology companies with approximately $45 billion in assets under management over the past 20 years.

Wedbush Securities served as financial advisor and Brown Rudnick served as legal advisor to Glorious. Kirkland & Ellis LLP served as legal advisor to Francisco Partners.

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Glorious

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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