Dydacomp Buys StoreFront.net
Dydacomp , a Totowa, N.J.-based provider of business automation solutions, has acquired LaGarde (a.k.a. StoreFront.net), a Kansas City-based provider of ecommerce solutions for small and mid-sized businesses. No financial terms were disclosed, although the Kansas City Business Journal places the sale price at approximately $2.78 million. Dydacomp backer Milestone Partners helped sponsor the acquisition, with Dydacom lenders Churchill Financial and Madison Capital participating on the debt side. LaGarde had raised around $7.5 million from Shasta Ventures, before going bankrupt last fall.
21 January 2009•3 mins read
