Believes Logility's Persistent Underperformance Demonstrates that Logility is Underappreciated by the Public Markets
Believes a Take-Private Transaction Would Immediately Unlock Value for Shareholders, Closing the Gap Between Logility's Current Valuation and its Intrinsic Value
2717 Partners, LP, an actively engaged shareholder that applies a private equity mindset to create value in the public markets and a significant shareholder of Logility Supply Chain Solutions, Inc. (NASDAQ:LGTY) ("Logility" or the "Company"), today sent a letter to the Company's Board of Directors calling for it to explore strategic alternatives, including a sale of Logility.
