LLR Partners Acquires I-many in Take Private Transaction
June 25, 2009
LLR Partners recently completed the $55 million acquisition of I-many, a leading provider of contract management software and services. With hundreds of global customers across multiple industries, I-many’s solution provides greater levels of insight into contract performance to improve profitability and achieve a measurable return on investment.
I-many fits well with LLR’s investment focus given its leading position in the pharmaceutical and life sciences market and significant growth potential in less penetrated market sectors. The company is headquartered in Edison, NJ and will be led by LLR Operating Partner Paul Winn as Chairman and interim CEO.
I-many is a leading provider of contract management software and services for the enterprise. With hundreds of companies across 21 industries worldwide, I-many is enabling businesses to manage the entire contract life cycle, from pre-contract processes and contract management to active compliance, contract optimization, demand channel visibility and control. The result is an end-to-end solution that provides greater levels of insight into contract performance, allowing companies to improve profitability and achieve a measurable return on investment. For more information, please visit www.imany.com.