New Mountain Buys SymphonyIRI Stake
June 2, 2011- Share:
New Mountain Capital has acquired a majority stake in SymphonyIRI Group, a provider of solutions and services for driving revenue and profit growth in consumer packaged goods, retail and healthcare companies. Symphony Technology Group, which has backed SymphonyIRI since 2003, has retained a significant equity stake in the company. Debt financing for the deal was provided by BofA Merrill Lynch, Jefferies Finance and BMO Capital Markets.
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