Japanese company involved in leveraged buyout at Kurta.

Japanese company involved in leveraged buyout at Kurta

Kurta Corp.'s senior management staff and Mutoh Industries Ltd. of Tokyo have teamed up to buy out a group of about 40 investors in the Phoenix-based company.

Privately held Kurta, a manufacturer of computer graphics tablets and input devices, and Mutoh completed the recapitalization Jan. 31, according to Bruce Moeller, vice president of marketing for Kurta. The transaction was in essence a leveraged buyout, he says, describing the former stockholders as a mixed group that included some employees and venture capitalists.

Clint Magnussen, Kurta's president and chief executive officer, says the …