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Diversis Capital Sells Portfolio Firm

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software, to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago. Esko is owned by Danaher, and develops software and hardware for package design. Diversis has been the owner of BLUE since December of 2014 when it acquired BLUE from publicly held Matthews International. Diversis says its focus is on companies in the lower and middle markets.