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Weekly News Digest
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August 27, 2007 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.
CLICK HERE to view more Weekly News Digest items.
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Swets Sold to Dutch Investment Firm Gilde
Royal Swets & Zeitlinger (www.swets.com), the subscription services company based in the Netherlands, announced that its current shareholders have agreed to sell 100 percent of the shares in the company for an undisclosed amount to the Dutch-based investment firm Gilde Buy Out Partners (www.gildepartners.com), with participation from Swets’s executive management.Boudewijn Molenaar, managing director of Gilde, said: "The Swets management team has a proven track record in delivering material improvements in the performance of the business over time. The fact that the senior management has partnered with us in acquiring this business reflects their commitment and belief in the future growth opportunities of the company. In addition to continuing Swets’ highly effective strategy, we aim to further expand the business in both new and existing markets, and with new services. We look forward to working with Swets as it continues to grow and prosper." With funds under management in excess of €1 billion, Gilde Buy Out Partners is a mid-market buy-out investor with a geographical focus on the Benelux, Germany, France, and Switzerland. The company has offices in Utrecht, Paris, and Zurich. Source: Royal Swets & Zeitlinger
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Brandi Scardilli
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