The Management of Extreme International, Inc. acquired 53.6% stake in Extreme International, Inc. from Capital Southwest Corporation (NasdaqGS:CSWC) in a management buyout transaction for $10.2 million on December 27, 2012. The consideration was paid $0.7 million for Series A Common Stock, $8.6 million for Series C Convertible Preferred Stock and $0.8 million for Series A Convertible Preferred Stock. Mike McBath, Chief Executive Officer of Extreme led the management buyout.

The Management of Extreme International, Inc. completed the acquisition of 53.6% stake in Extreme International, Inc. from Capital Southwest Corporation (NasdaqGS:CSWC) in a management buyout transaction on December 27, 2012.