SER Solutions finishes management buyout

SER Solutions Inc., a provider of knowledge-enabled software solutions, has completed its management buyout of the U.S.-based SER operations and those of SER Technology Deutschland GmbH, based in Germany, the company announced June 26.

Both organizations were acquired in their entirety from German parent SER Systems AG.

Under the terms of the agreement, the U.S. organization has acquired full ownership and intellectual property rights for all its U.S. predictive dialing software solutions, document management solutions and its knowledge-enabling engine and software applications.

The buyout agreement was formally completed June 12, making SER Solutions a fully U.S.-owned and operated company, independent of its former German parent.

The U.S. entity, based in Herndon, Va., will retain the name SER Solutions Inc.