Svoboda Capital Invests in Data Management Firm, Plots More Buys
Svoboda Capital Partners invested in Databank IMX through its second fund and the private equity firm is planning to make additional acquisitions to support the data management and outsourcing company’s growth. Already, Svoboda Capital has big plans for its latest buy, which it announced Thursday. Although they declined to specify their stake in Databank IMX (the company’s management team, including CEO Dick Aschman, is also retaining a stake in the organization), Svoboda is planning to make multiple buys to support the data manager’s geographic expansion, according to Rick Harpster, a principal with the PE firm. Databank IMX has locations in Maryland, Massachusetts, Indiana, Texas, Louisiana and California.
7 January 2011•2 mins read
