New Mountain Capital Closes RedPrairie Buyout

New Mountain Capital has completed its acquisition of RedPrairie Holding Inc., a Waukesha, Wisc.-based provider of inventory, warehouse, transportation and workforce management systems. The seller was Francisco Partners, which held an 89.7% equity position, based on a 2005 buyout. RedPrairie is in registration for a $172.5 million IPO, although it is expected to withdraw the filing.

DealsNorth AmericaUSBriefs