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Burlington firm gets $20m boost

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A Sri Lankan apparel company that owns a majority stake in attune Consulting, a Burlington tech company that makes business management software for the clothing and apparel industry, has invested $20 million in attune to help expand its global footprint.

MAS Holdings, one of South Asia’s biggest clothing manufacturers, assumed control of attune in late 2011, but this is its first large investment in the company, which has 200 employees globally and about 15 in Massachusetts. With the additional money from its parent company, attune also plans to expand its local office by about 20 percent over the next year.

Founded in 2006, attune works with such companies as shoemaker Reebok International Ltd. and Collective Brands Inc., which manufactures Airwalk shoes.

Michael B. Farrell can be reached at
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