Ameritech Library Services to Be Acquired by Private Investment Group

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Ameritech Library Services to Be Acquired by Private Investment Group


Ameritech Library Services (ALS), 21st Century Group, LLC, and Green Leaf Ridge Co., LLC, have announced an agreement in which Ameritech, a company of SBC Communications, Inc., will be sold to a private investment group led by 21st Century Group and Green Leaf Ridge Co. The transaction is subject to approval by SBC Communications' board of directors.

Ameritech Library Services, a provider of library automation products, supports more than 7,600 customer libraries world-wide with a broad spectrum of sophisticated software and hardware solutions that are service-oriented and Internet-enabled. The company will be renamed and will adopt a new logo that reflects its new ownership.

Lana Porter, president and CEO of ALS, and the ALS executive management team will continue to direct the company. "The management team is very excited with the opportunities this acquisition offers for the company and for our customers," said Porter. "Over a year ago, we began a comprehensive business review to identify our best course forward to grow the company in its market leadership position. We determined that as a privately owned, independent company, we could accelerate development of leading-edge products and services for our customers and for the library marketplace."

John Ware, president of 21st Century Group, said: "The acquisition of Ameritech Library Services is an outstanding investment for 21st Century Group and for our new partners at Green Leaf Ridge. The business is the clear leader in the library technology sector, and we believe that we will be able to grow the business both internally and through add-on acquisitions. In the near term, we are excited about the opportunity to work with Lana Porter and her team to develop a new brand and identity for the company. We expect that this effort, combined with several other important initiatives, will be a catalyst for significant growth in the future."

Percy Berger, president and CEO of Green Leaf Ridge Co., said: "John Ware and I are delighted to join with Lana Porter and her employee team in the acquisition of this outstanding library technology company. …

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