Monday, April 21, 2008

Exari Group Raises $10 Million from Beacon Equity Partners - Boston, MA

Exari, a Boston-based provider of document assembly and contract life-cycle management software, has raised $10 million of investment capital from Beacon Equity Partners. The deal gives Boston-based Beacon a majority stake in Exari, which said it will use the funds for expansion in the U.S. Also, on Monday, Exari named Reg Foster as its CEO. Foster previously served as chairman and CEO of Alpine Access, a provider of Internet based call center services. Exari was founded in 1999. Its clients include large global companies such as Dow Jones, Marsh McLennan, Barclays Capital, Westpac Bank, DLA Piper, Mayer Brown, Perkins Coie, Addleshaw Goddard and the Australian Government.


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