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August 9, 2011 02:31 pm GMT
Privately held Quark, which develops publishing software for professional designers and enterprises and is best known for its QuarkXPress (QXP) desktop publishing layout editor, has been acquired by Platinum Equity, a private equity firm that specializes in mergers and acquisitions.Financial terms of the transaction were not disclosed. Brian Wall, the partner at Platinum Equity who led the team pursuing the purchase, says the PE firm has already kick-started a process focused on transitioning Quark to new ownership.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vzeu4KWtf48/
30-Year Old Publishing Software Maker Quark Acquired By Private Equity Firm
Privately held Quark, which develops publishing software for professional designers and enterprises and is best known for its QuarkXPress (QXP) desktop publishing layout editor, has been acquired by Platinum Equity, a private equity firm that specializes in mergers and acquisitions.Financial terms of the transaction were not disclosed. Brian Wall, the partner at Platinum Equity who led the team pursuing the purchase, says the PE firm has already kick-started a process focused on transitioning Quark to new ownership.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vzeu4KWtf48/
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