Posted on: August 14, 2009 by PEHub AdministratorNo Comments »
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.
Posted on: June 15, 2009 by PEHub AdministratorNo Comments »
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.
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