PLI: Phoenix Logistics Recapitalized and Acquires Riptide Software
Phoenix Logistics, Inc. (PLI), has implemented a strategic recapitalization coupled with a simultaneous acquisition of Riptide Software, Inc. Both transactions were backed by Chicago based Profile Capital Management with Phoenix Logistics, Riptide and the newly formed PLI Manufacturing establishing the group companies of parent Phoenix Defense, LLC.
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Phoenix Logistics is engaged in solving technical and programmatic problems for manufacturers and operators of aerospace and defense systems.
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