Article: BORN Completes Financial Restructuring, Names New CEO; Restructuring Solidifies Financial Position, Invests New Capital to Fuel Company Growth.

MINNEAPOLIS, Jan. 30 /PRNewswire/ -- BORN, a leading technology and business solutions consulting firm, today announced that it has completed a financial restructuring that solidifies the company's financial outlook and provides investment capital to fuel growth. The restructuring transfers primary ownership of BORN from founders Rick Born and Dale Holmgren to an investment group led by Washington & Congress Capital Partners, a Boston-based investment firm that has been a long-time investor in BORN. Terms of the deal were not disclosed.

The BORN board of directors has named Elmer Baldwin as the new CEO. Baldwin was formerly president and COO of Manchester ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!