Company News

November 29, 2011 at 1:27AM

MERGERS AND ACQUISITIONSCapital Safety, a Red Wing, Minn.-based manufacturer of fall-protection equipment under the DBI-Sala, Uniline and Protecta brands, was acquired by KKR, a global investment firm, from Arle Capital Partners. KKR has signed an agreement to pay $1.12 billion for the company, with transfer occurring in January 2012, subject to regulatory approval.

MakeMusic Inc., Eden Prairie, has completed acquisition of selected assets of Recordare LLC, an Internet music publishing and software company. Under terms of the agreement, MakeMusic purchased the MusicXML open format and Dolet software technology, including copyrights, source code and trademarks. Recordare founder and MusicXML inventor Michael Good will be director of digital sheet music at MakeMusic.

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Spencer Platt

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