Francisco Partners wants to be the patron saint of companies at a crossroads. The company invests in public and private technology companies that are past their start-up stage, but are at a transition point such as a management change or a merger. It works closely with venture capital firm Sequoia Capital to identify possible investment targets. Francisco Partners has raised some $7 billion in committed capital; typical investments range from $50 million to $2 billion per transaction. Its portfolio includes stakes in some 50 companies such as Blue Coat, GXS, and WebTrends.