Corsair Components receives $75 million from Francisco Partners
May 6 (Reuters) - Corsair Components Inc, which makes gaming components for personal computers, has received a $75 million investment from tech-focused private equity firm Francisco Partners, the company said on Monday.
Corsair said Chief Executive Officer Andy Paul and the current management team will continue to hold a substantial equity stake in the company.
Founded in 1994, Corsair generates around $500 million in annual revenue.
San Francisco-based Francisco Partners had initially teamed up with Blackstone Group LP and Insight Venture Partners to bid for Dell Inc. The Blackstone Group eventually stopped pursuing Dell.