Leeds Equity Partners Exits Ex Libris

Leeds Equity Partners Exits Ex Libris

Leeds Equity Partners has signed an agreement to sell Ex Libris Global Holdings, a provider of cloud-based software, to Golden Gate Capital.

Ex Libris is s provider of cloud-based and on-premise content and knowledge management software solutions for academic and research institutions. The company serves over 5,000 institutions in 78 countries.  The company is headquartered in Jerusalem, Israel and offers its products worldwide through nine subsidiary locations and a network of 18 distribution partners (www.exlibrisgroup.com).

“Working together, the management team, led by Matti Shem Tov, and Leeds Equity were able to develop and execute on meaningful new growth opportunities through new product introductions, cloud-based solutions, geographic expansion and broader end market penetration.  Our joint collaboration enabled the implementation of a long-term investment plan that allowed Ex Libris to accelerate its technological leadership within the industry and better positioned the company to capitalize on emerging end market opportunities.  Leeds Equity is very proud of the work accomplished by Matti and his management team and is confident that Ex Libris will continue to lead the industry going forward,” said Robert Bernstein, Co-Founder and Senior Managing Director at Leeds Equity.

Leeds Equity Partners manages the largest private equity fund in the United States focused on investments in the education, training and business services industries. Founded in 1993, the firm has raised and managed over $1 billion of committed capital and invested in more than 20 companies. The firm is located in New York (www.leedsequity.com).

“On behalf of the Ex Libris management team, I would like to thank Leeds Equity for its tremendous support and valuable guidance in helping Ex Libris solidify its industry leading position,” said Matti Shem Tov, Ex Libris President and CEO.  “In Leeds Equity, Ex Libris had a partner that both supported the company’s ongoing business activities, while also emphasizing investment in long-term, strategic initiatives which have meaningfully changed the company’s position in the industry.  Under Leeds Equity’s ownership, Ex Libris has become a stronger company with a leading product suite that is positioned for continued growth in the dynamic education and research markets.”

Jefferies & Company served as financial advisor and Goodwin Procter served as legal counsel to Ex Libris for this transaction.

© 2012 PEPD • Private Equity’s Leading News Magazine • 11-19-12

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