Deal Type: Carve out from public parent
Exit: Sale to strategic buyer
In 2004, we joined with the founder of this niche catalogue software provider, to buy the company back from MAXIMO, who had made a strategic decision to focus elsewhere in the ERP value chain. The price was attractive and our structural protection within the buyer group was excellent. One of Genesis Park’s principals was seconded to serve as Intermat’s CEO. After less than a two year holding period, the company was sold to IHS Holdings.