Library automation solutions provider Ex Libris Group, Israel, has announced that Golden Gate Capital, a prominent San Francisco-based private equity firm with $12 billion in capital under management, has entered into an agreement to acquire Ex Libris from its current owner, Leeds Equity Partners. Terms of the sale were not disclosed.
Under the new ownership, Ex Libris will remain an independent business based in Jerusalem, run by the current management team. The deal is expected to be completed in December 2012.
Ex Libris is a provider of automation solutions for academic, national, and research libraries. Offering the only comprehensive product suite for electronic, digital, and print materials, Ex Libris provides efficient, user-friendly solutions that serve the needs of libraries and will facilitate their transition into the future. Ex Libris maintains an impressive customer base consisting of thousands of sites in more than 80 countries on six continents.
