Business in the Burbs

Bedford Funding makes $63.1 million investment

September

Bedford Funding, a private-equity firm based in White Plains, agreed to buy Authoria Inc., a talent management company in Waltham, Mass., for $63.1 million. In addition to the purchase price, Bedford Funding will invest an additional $8 million in working capital to aid Authoriaâ€™s growth. Beford, which reports investment capital of $400 million, specializes in investments in the software and information technology services sectors.

This entry was posted on Monday, September 29th, 2008 at 3:38 pm by Jay Loomis.
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