Winston-Salem, N.C.—Feb. 27, 2014—Inmar, a technology company that operates intelligent commerce networks, announced that its acquisition by ABRY Partners is now complete. ABRY Partners acquired Inmar from New Mountain Capital, which made its original Inmar investment in 2007. Boston-based ABRY Partners is known for building healthcare, media, communications and information services companies.
As part of New Mountain's portfolio, Inmar achieved significant growth, in large part the result of strategic investments in its platform, expansion of services in analytics and digital promotions, and the use of cloud computing. Over the course of New Mountain’s ownership, Inmar's earnings approximately doubled.
David Mounts, Inmar chairman and CEO said, “As we look forward, ABRY is the right partner for Inmar as our growth continues to accelerate. As shoppers use emerging technologies to test the limits of retailers and manufacturers, Inmar will continue to focus on ways to deliver value to brands and retailers, and make a consumer’s shopping experience more elegant and efficient through new technology and analytic insights.”
