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Firm to buy stake in IQNavigator

June 10, 2008

Private equity firm GTCR Golder Rauner LLC struck a deal to invest more than $100 million in Denver-based vendor management services provider IQNavigator, according to an unverified report in the Rocky Mountain News. IQNavigator's executives will remain with the company. The newspaper said the company plans to double its workforce, which includes 175 people worldwide. No further information was available.