RedPrairie to be acquired

摘要

Last December, redprairie , a supplier of supply chain execution software and No. 5 on Modem's 2009 Top 20 supply chain management software providers, filed a registration statement with the SEC for a proposed IPO.rnThat appears to be off the table after RedPrairie recently announced that it had entered into a definitive agreement to be acquired by an investment fund affiliated with New Mountain Capital LLC, a New York-based private equity firm with approximately $8.5 billion under management. The deal is expected to close on March 31, according to Mike Mayoras, RedPrairie CEO. The terms of the deal are not public.