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Monday, April 30, 2012

Private equity firm quietly buys control of fi360 for $11.5 million


According to an article in RIA Biz, control of fi360 has been acquired by private equity firm Bluff Point Associates Corp. for $11.5 million. Bluff Point acquired control from the purchase of ownership interests held by a family of outside investors (who declined to be identified). Certain fi360 managers still have ownership within the company, but the article does not identify the percentage. CONTINUE AS YOU ENTER THE WORLD OF @MarketCounsel
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