Application Software | Scottsdale, AZ | Recapitalization
JDA Software has secured a $570 million investment from Blackstone and New Mountain Capital; the transaction will also recapitalize the company. The new capital will be used toward JDA’s plans for current product development and enhancements to its portfolio of supply chain and omni-channel retail solutions. The deal is expected to be complete by early 4Q. This is Blackstone's first investment in the company; NMC has backed JDA since 2010.