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Enterprise, Columbine Merge

Enterprise, Columbine Merge

In another big merger, Enterprise Software Inc. and Columbine JDS Systems Inc. say they’ve combined businesses in a stock-for-stock transaction.
The chief executive officer of the combined entity will be Barry Goldsmith, formerly CEO of Drake Automation. Paul Hillyard, formerly group finance director of DAL, will join as executive vice president. Mike Oldham, COO of CJDS and Rob McConnell, CEO of Enterprise will report to Goldsmith.
The combined company will have a worldwide total of approximately 1,000 employees. Existing customers include television, radio, cable and satellite broadcasters, advertising agencies and rep firms.
The combined entity’s major shareholders will include Thomas H. Lee Partners, Blackstone Capital Partners III, Chancery Lane Capital, LiveWire Media and Evercore Capital Partners.
b. m. cox