Japan's Kobe Steel buys Quintus from Milestone
US private equity firm Milestone Partners has exited its controlling stake in Sweden and US-based industrial equipment company Quintus Technologies to Japan’s Kobe Steel.
According to a release, the transaction was worth $115 million. Milestone acquired the company in April 2009 via its $240 million Milestone III fund, which made buyout and recapitalization investments...
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