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California investment firm acquires Red Prairie of Milwaukee

Waukesha, Wis. RedPrairie, which makes software for supply chains, said on Tuesday it has been acquired by the California-based investment firm Francisco Partners.

While the exact terms of the deal are still unreleased, representatives from both companies said that RedPrairie has signed a defini......

Full article >>> o Partners doesn't have any need to alter their process.

"This is a business-as-usual type of deal," Perlman said. "RedPrairie's previous owners were not involved in the day-to-day [operations], and that's how we are as well. We acquire companies and over time as these companies develop, we get bigger and better companies and look to sell them down the road, and make a return on our dolla......

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Source:wistechnology.com By Les Chappell 04/20/05


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