RedPrairie Buys VC-Backed SmartTurn

RedPrairie Holding Inc., a Waukesha, Wisc.-based provider of inventory, warehouse, transportation and workforce management systems has acquired Smartturn Inc., an Oakland, Calif.-based provider of on-demand inventory and WMS. No financial terms were disclosed. RedPrairie recently was acquired by New Mountain Capital, while SmartTurn has raised around $5 million from Emergence Capital Partners and New Enterprise Associates.

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