CIT Sells Edgeview Back to Partners
CIT Partners has quietly sold Edgeview Partners back to its employees, peHUB has learned. CIT acquired the Charlotte, N.C.-based mid-market boutique consultancy in mid-2007. CIT's 2009 bankruptcy left Edgeview Partners in limbo, causing three of its partners to leave the firm, we reported in October. Before leaving, Co-founders Drew Quartapella and Matt Salisbury offered to buy Edgeview back from CIT, but the lending giant was unresponsive until recently. Yesterday Edgeview's partners closed the deal to acquire the firm. CIT sent peHUB the following statement:
6 April 2010•2 mins read
