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Blackstone (BX), New Mountain Make $570M Equity Investment in JDA Software Group

Go back to Blackstone (BX), New Mountain Make $570M Equity Investment in JDA Software Group

JDA Announces $570 Million Equity Investment from Blackstone and New Mountain Capital

August 19, 2016 7:00 AM EDT

Investment accelerates JDAs next phase of continued innovation, customer service excellence and growth, reduces JDAs total debt and lowers cash interest charges by approximately $70 million per year

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- JDA Software Group, Inc. today announced that it has completed an agreement with funds managed by Blackstone (NYSE: BX) and New... More