Monday, March 13, 2006

Two Investment Firms to Buy Austin's Activant Solutions



Via The Austin Business Journal.

Activant Solutions Inc. -- whose parent filed for an initial public offering last year but later postponed it -- agreed to be bought for an undisclosed amount by affiliates of two private investment firms, the Austin software company said Monday.

Funds connected with San Francisco private investment firm Hellman & Friedman LLC and Chicago private investment firm Thoma Cressey Equity Partners Inc. will buy Activant Solutions Holdings Inc. and all its subsidiaries, including primary subsidiary Activant Solutions Inc., from investment funds affiliated with HM Capital Partners LLC.

More here.

1 Comments:

At Sun Nov 23, 01:10:00 AM PST, Anonymous Anonymous said...

Ha! Activant (aka Triad) suckered in another poor sap! They're good at that, the low lifes that they are.........

 

Post a Comment

<< Home