Wednesday, February 3, 2016
The Gores Group Buys VITAC Corporation
Los Angeles-based private equity investor The Gores Group said Tuesday that it has acquired VITAC Corporation, a provider of closed captioning services for the media industry. Financial terms of the acquisition were not announced. VITAC Corporation had been owned by Merrill Corporation, and is based in Canonsburg, PA. Gores said the investment came via its Small Capitalization Partners investment fund.