Incentra re-emerges as private firm

BOULDER – Incentra Solutions Inc., a public company that filed for Chapter 11 bankruptcy in February, has re-emerged as privately held Incentra LLC.

The new Boulder-based information technology services company acquired all the assets and subsidiaries of the former company in a 363 sale in the U.S. Bankruptcy Court in Delaware.

The former company had continued to operate while its debt was restructured in bankruptcy. The assets were sold to senior lender Laurus Capital Management LLC, managed by New York-based Valens Capital Management, and then reorganized as Incentra LLC.

“The restructuring significantly improves the company’s balance sheet,” Incentra LLC officials said in a…