Exenta Completes Successful Recapitalization
Exenta, Inc., one of the nation’s leading software companies serving the apparel and soft goods industries, announced today that recent growth has enabled it to successfully provide liquidity for one of its original investors. The investor took a position in the company in 2008 and, through a successor structure, assisted the company during its transition to a vertically integrated, international player in the apparel sector. Under the terms of the agreement, the position was fully satisfied by way of a transaction led by Star Mountain Capital. Mooreland Partners represented Exenta in the transaction.
Commenting on the transaction, Exenta CEO Roberto Mangual stated, “This is a proud moment in the development of Exenta. Our ownership structure is simplified and we are well positioned to continue our rapid growth.”
Designed for the apparel, footwear, accessories, home furnishings and other fashion-related industries, EXENTA empowers brands, manufacturers, and retailers to advance and scale their businesses by accelerating and improving performance across the entire business and global supply chain. The EXENTA™ enterprise solution provides global process visibility, control and collaboration by combining traditionally independent Enterprise Resource Planning (ERP), Product Lifecycle Management (PLM), Sourcing & Supply Chain Management (SCM), Materials Requirements Planning (MRP), Shop Floor Control (SFC), Electronic Data Interchange (EDI), Warehouse Management (WMS), Financial Management (FMS), and other productivity tools into a single, fashion-focused business system. For more information, visit http://www.exentago.com/.