Francisco Partners acquires RedPrairie

Francisco Partners, a technology-focused buyout fund, has acquired RedPrairie Corp., a privately held provider of warehouse management systems (WMS). Terms were not disclosed. RedPrairie is the third major WMS vendor to be acquired in 2005, following in the wake of Optum and Delfour.

"As the software landscape continues to consolidate, vendors like RedPrairie are being forced to think defensively and find new sources of capital to accelerate growth," explains Adrian Gonzalez, an analyst with ARC Advisory Group. "It's not surprising that RedPrairie and others are going the private equity route."

The following scorecard highlights all significant corporate moves in the technology sector since our last update in the February 2005 Logistics Today:

Product/Company Parent Company Transaction Type
AGETO Truition Inc. acqusition
Ascential Software Corp. IBM Corp. acquisition
Cape Systems Group Vertex Interactive Inc. acquisition
ChannelWave Inc. Click Commerce Inc. acquisition
Cimmetry Systems Inc. Agile Software Corp. acquisition
Contract Management Solutions Inc. Procuri Inc. acquisition
Delfour Headwater Technology Solutions Inc. acquisition
Groove Networks Microsoft Corp. acquisition
Inovis' Managed EC business Internet Commerce Corp. acquisition
Optum Inc. Click Commerce Inc. acquisition
RedPrairie Corp. Francisco Partners acquisition
Retek Inc. Oracle Corp. acquisition
RFTrax Inc. Fairfield Industries Inc. acquisition
XALT Technologies n/a launch
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