RedPrairie Pulls IPO Filing, Following Acquisition

RedPrairie Holding Inc. has withdrawn its registration for a $172.5 million IPO, following its acquisition by New Mountain Capital. The company previously had been owned by Francisco Partners.

RedPrairie is a a Waukesha, Wisc.-based provider of inventory, warehouse, transportation and workforce management systems. It had approximately $194 million in revenue for the first nine months of 2009, and net income of $12.45 million.