Winston-Salem, NC (PRWEB) January 28, 2014
Inmar, a leading technology company that operates intelligent commerce networks, announced today that its acquisition by ABRY Partners is now complete. ABRY Partners acquired Inmar from New Mountain Capital, which made its original Inmar investment in 2007. Boston-based ABRY Partners is known for building healthcare, media, communications and information services companies.
As part of New Mountain's portfolio, Inmar has achieved significant growth, in large part the result of strategic investments in its platform, expansion of services in analytics and digital promotions, and the use of cloud computing. Over the course of New Mountain’s ownership, Inmar's earnings approximately doubled.
Inmar Chairman and CEO David Mounts said “New Mountain has been a great partner over the years and has helped Inmar execute on our business building and growth strategy. As we look forward, ABRY is the right partner for Inmar as our growth continues to accelerate. As shoppers use emerging technologies to test the limits of retailers and manufacturers, Inmar will continue to focus on ways to deliver value to brands and retailers, and make a consumer’s shopping experience more elegant and efficient through new technology and analytic insights.”
Inmar is a technology company that operates intelligent commerce networks. Our platforms connect offline and online transactions in real time for leading retailers, manufacturers and trading partners across multiple industries who rely on Inmar to securely manage billions of dollars in transactions. Our Promotions, Supply Chain and Healthcare platforms enable commerce, generate meaningful data and offer growth-minded leaders actionable analytics and execution with real-time visibility. Founded in 1980, Inmar is headquartered in Winston-Salem, North Carolina with locations throughout the United States, Mexico and Canada.
For more information about Inmar’s products and services, please contact 866.440.6917 or visit http://www.inmar.com.
ABOUT ABRY PARTNERS
Founded in 1989, ABRY is one of the most experienced and successful healthcare services, media, communications, and business information services sector-focused private equity investment firms in North America. ABRY has completed over $42 billion of transactions, representing investments in more than 450 properties. The firm is currently managing over $3.5 billion of total capital and investing out of a $1.6 billion private equity fund, $950 million senior equity/mezzanine fund and a $1.2 billion senior debt fund.
ABOUT NEW MOUNTAIN CAPITAL
New Mountain Capital is a New York‐based private equity firm that emphasizes business building and growth, rather than debt, as it pursues long‐term capital appreciation. The firm currently manages private and public equity funds with aggregate assets under management of over $12 billion. New Mountain seeks out the highest‐quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies.
For more information, please visit http://www.newmountaincapital.com.