PE-Backed Quark Acquires Digital Publisher Mobile IQ
May 31, 2012
Publishing software maker Quark, a portfolio company of Platinum Equity, has acquired digital publisher Mobile IQ. The core product from Mobile IQ is PressRun, a cloud-based digital publishing solution that Quark will leverage in developing its digital publishing business. Quark received backing from Platinum Equity in August 2011 and has been working in conjunction with the firm’s M&A team to identify prudent opportunities for expansion.