Stubbs Alderton & Markiles’ client XYPRO Technology Corporation, a developer of cybersecurity software for HP NonStop, has completed a management buyout from the company’s founders and previous owners. The company said that Lisa Partridge, Barry Forbes, and Andrew Price bought out the company from prior owners Dale Blommendahl and Sheila Johnson. Financial terms of the sale were not disclosed. XYPRO was founded in 1983.
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SAM represented the management/buyers in this transaction. For more information about this and similar buyout transactions, please contact Partner Jonathan Hodes at firstname.lastname@example.org or (818) 444-4504.