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Private equity seeks to accelerate Quark

Friday, 12 August 2011
By Print21

Two decades ago, Quark’s flagship product QuarkXPress changed the course of traditional publishing before its fall from use. Acquired by Platinum Equity and offering cross media publishing tools, it aims on a comeback.

According to the CEO of Quark, Raymond Schiavone, the transition comes at an exciting time as the company readies itself to take back an early leadership position in digital publishing.

“In the past few years we have made great strides in helping our customers realize dynamic publishing, and have re-invigorated QuarkXPress.

“Platinum Equity is well-positioned to help us continue to execute our dynamic publishing vision through their market reach, merger and acquisition experience, and operational support,” he said.

The two companies are working together on an acquisition strategy focused on expanding the softwares capabilities, core markets and geographic coverage.

Brian Wall, partner at Platinum who led the acquisition team, says Quark helped create the desktop publishing market and is now helping organizations transform how they publish content both to print and digital media.

“Quark is committed to its loyal and dedicated user base and we are enthusiastic about the company’s new products which are gaining traction and generating positive reviews. We believe that with their expertise and innovative software, Quark has the potential to revolutionize publishing again,” said Wall.

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