Posted on: April 26, 2011 by Clancy Nolan
Enterprise software maker Lawson Software announced that it will be acquired by GGC Software Holdings Inc., an affiliate of buyout shop Golden Gate Capital, and privately held software company Infor. The deal values Lawson at roughly $2 billion. Golden Gate Capital and Infor, will pay $11.25 per share for Lawson, a discount of about 7% to Monday’s closing price. The deal is expected to close during the third quarter.
Tags: GGC Software Holdings, Golden Gate Capital, Infor
Posted on: August 14, 2009 by PEHub Administrator
Golden Gate Capital and Infor have completed their take-private acquisition of SoftBrands Inc., a Minneapolis-based provider of enterprise software to the manufacturing and hospitality markets. The deal was valued at approximately $80 million, or $0.92 per share. Wells Fargo Foothill, an existing SoftBrands lender, provided leveraged financing.
Tags: Golden Gate Capital, Infor, SoftBrands
Posted on: June 15, 2009 by PEHub Administrator
Golden Gate Capital and Infor have agreed to buy SoftBrands Inc. (AMEX: SBN), a Minneapolis-based provider of enterprise software to the manufacturing and hospitality markets. The deal is valued at approximately $80 million, or $0.92 per share (100% premium to Friday’s closing price).Wells Fargo Foothill, an existing SoftBrands lender, has agreed to provide leveraged financing.
Tags: Golden Gate Capital, Infor, SoftBrands
