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June 20, 2004

OfficeTiger gets $50M from Francisco Partners

Outsourcing has become a chic area for investors. Crain's reports:

"Manhattan-based OfficeTiger, an outsourcing company, has received a $50 million investment from San Francisco-based venture fund Francisco Partners.

"The investment consists of $25 million in new money and $25 million to take over the equity position of a prior investor."

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