Activant to tender for all floaters due 2010 and 2011, 10½% notes due 2010

By Jennifer Chiou

New York, March 13 - Activant Solutions Inc. said it intends to launch tender offers and consent solicitations for all of its senior floating-rate pay-in-kind notes due 2011, 10½% senior notes due 2011 and floating-rate senior notes due 2010, according to an 8-K filing with the Securities and Exchange Commission.

The offers are related to and will be conditioned on the closing of the company's acquisition by funds affiliated with Hellman & Friedman LLC and Thoma Cressey Equity Partners.

The private equity investment firms will acquire Activant Solutions Holdings Inc and all its subsidiaries from investment funds affiliated with HM Capital Partners LLC.

The Austin, Texas-based company provides business management services.

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