The Gores Group, a Los Angeles-based investment firm, has acquired Zmags Corp. through its Small Capitalization Partners investment fund. The terms of the deal were not disclosed.
Headquartered in Boston, MA, Zmags is a provider of digital publishing and eCommerce Software-as-a-Service solutions with additional offices in Copenhagen, Denmark and London. The company’s self-service platform works across all digital media including tablet, mobile, social and web channels.
“Digital experiences are rapidly evolving and The Gores Group is very excited to add a well-respected company at the forefront of that change in Zmags,” said Victor C. Otley, Managing Director for The Gores Group. “Zmags adds a unique platform for growth to our portfolio and we look forward to partnering with management and employees to continue to build on its success and enable them to better serve their customers.”
USA, Los Angeles, CA & Boston, MA