Home Press release EXENTA Completes Successful Recapitalization

EXENTA Completes Successful Recapitalization

0

[New York City, October 11, 2018] Exenta, Inc., one of the nation’s leading software companies serving the apparel and soft goods industries, announced today that recent growth has enabled it to successfully provide liquidity for one of its original investors. The investor took a position in the company in 2008 and who, through a successor structure, assisted the company during its transition to a vertically integrated, international player in the apparel sector. Under the terms of the agreement, the position was fully satisfied by way of a transaction led by Star Mountain Capital. Mooreland Partners represented Exenta in the transaction.

Commenting on the transaction, Exenta CEO Roberto Mangual stated, “This is a proud moment in the development of Exenta. Our ownership structure is simplified and we are well positioned to continue our rapid growth.”

About EXENTA

Designed for the apparel, footwear, accessories, home furnishings and other fashion-related industries, EXENTA empowers brands, manufacturers, and retailers to advance and scale their businesses by accelerating and improving performance across the entire business and global supply chain. The EXENTA™ enterprise solution provides global process visibility, control and collaboration by combining traditionally independent Enterprise Resource Planning (ERP), Product Lifecycle Management (PLM), Sourcing & Supply Chain Management (SCM), Materials Requirements Planning (MRP), Shop Floor Control (SFC), Electronic Data Interchange (EDI), Warehouse Management (WMS), Financial Management (FMS), and other productivity tools into a single, fashion-focused business system. For more information, visit http://www.exentago.com/.

tags:
Lydia Mageean Lydia Mageean has been part of the WhichPLM team for over six years now. She has a creative and media background, and is responsible for maintaining and updating our website content, liaising with advertisers, working on special projects like the Annual Review, and more.Joining mid-2013 as our Online Editor, she has since become WhichPLM’s Editor. In addition to taking on writing and interviewing responsibilities, Lydia has also become the primary point of contact for news, events, features and other aspects of our ever-growing online content library and tools.