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Pomeroy founder bids again for firm

May 23, 2008

Pomeroy IT Solutions Inc. (NASD: PMRY) said it received a new offer from its founder and largest shareholder, David Pomeroy, to buy it. Pomeroy joined with private equity firm ComVest Investment Partners III LP to buy the information technology services and staffing company for $6 a share, according to the company.

Pomeroy previously offered $7.05 a share for the company in a bid with Charlesbank Equity Fund VI, but Charlesbank backed out earlier this month.

The company said a special board committee is looking at the offer along with other options.