California-based firm buys Quark Software Inc.
DENVER – Quark Software Inc. has been acquired by Parallax Capital Partners, a private-equity firm based in Laguna Hills, Calif.
The Denver Post reports that the software company, one of Denver’s largest privately held firms in the 1990s, said Parallax paid an undisclosed amount to Quark’s most recent owner, Platinum Equity, which acquired Quark for an undisclosed amount in 2011.
Before the Parallax deal closed, Quark began gaining attention for its new focus: content automation. Quark, best known for dominating the desktop publishing industry in the 1980s and ’90s, began picking up awards for technology that helps clients automatically create, for example, investor reports by reusing existing legal text, charts and other data.
SPONSORED CONTENT
Business Cares: May 2024
As Mental Health Awareness Month unfolds in Colorado, it serves as a reminder of the collective responsibility to prioritize mental well-being.
DENVER – Quark Software Inc. has been acquired by Parallax Capital Partners, a private-equity firm based in Laguna Hills, Calif.
The Denver Post reports that the software company, one of Denver’s largest privately held firms in the 1990s, said Parallax paid an undisclosed amount to Quark’s most recent owner, Platinum Equity, which acquired Quark for an undisclosed amount in 2011.
Before the Parallax deal closed, Quark began gaining attention for its new focus: content automation. Quark, best known for dominating the desktop publishing industry in the 1980s and ’90s, began picking up awards for technology that helps clients automatically create, for…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!