Grey Mountain Takes Stake In Software Co. Stratix

Law360, New York (December 8, 2011, 4:29 PM EST) -- Colorado private equity firm Grey Mountain Partners has taken a majority interest in Georgia-based software technology company Stratix Corp., both companies announced Thursday.

Terms of the deal were not disclosed. Calls to representatives for Grey Mountain and Stratix were not returned immediately.

Boulder, Colo.-based Grey Mountain is a middle-market private equity firm that normally enters into transactions valued at $30 million to $150 million, the firm said.

Grey Mountain managing director Jeff Vincent said in a statement that Stratix's reputation of leading customer service and technical...
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