Ex Libris acquired again
The Francisco Partners investment fund has sold its holdings in Ex Libris to New York based Leeds Equity Partners for an estimated $170M, according to HAARETZ.com.
In the upbeat Ex Libris press release Matti Shem Tov, Ex Libris Group president and CEO is quoted as saying “the Ex Libris corporate structure will remain unaltered, this change in ownership will provide Ex Libris with additional resources for accelerating our current and future product strategies and our plans for international expansion.”
It looks like Francisco Partners made a reasonable return on their couple of years ownership of Ex Libris, Leeds Equity Partners seems to think it has bought in to a good investment, and Ex Libris has got access to extra resources – so everyone is happy…..
August 11th, 2008 at 12:07 pm
[...] Wallis: Ex Libris acquired again (Panlibus, [...]
August 13th, 2008 at 12:28 pm
[...] Wallis: Ex Libris acquired again (Panlibus, [...]
August 21st, 2008 at 10:02 am
[...] the first part of this Talking with Talis conversation, they discuss the ramifications of the recent change of ownership when Francisco Partners sold their investment in Ex Libris to Leeds Equity Partners. [...]