Former Perceptive Software workers get new ownership again

Workers in a former Perceptive Software office in suburban Kansas City will work for a new ownership group again, according to a deal announced Wednesday.

Private equity firm Thoma Bravo said it has reached an agreement to acquire Lexmark International’s Enterprise Software business. Lexmark acquired Lenexa, Kansas-based Perceptive Software in 2010.

When the new deal closes, expected in the third quarter this year, Thoma Bravo said it plans to sell Perceptive Software and its related business units to Hyland Software Inc., based in Westlake, Ohio.

The Lenexa office reported about 500 workers last year, down from more than 750 earlier. It was affected by Lexmark job cuts systemwide.

Thoma Bravo said it will retain two of Lexmark’s software businesses, Kofax and ReadSoft, and operate the business under the Kofax brand.

Read more: Kansas City Star

Tags:, , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students