Apax partners puts epicor software on the block

Apax intends to combine activant and epicor to create one of the largest global providers of enterprise applications focused on the manufacturing, distribution, services and. The wsj reports apax partners is putting epicor on the block, hoping to find a suckerhhhh buyer that will give them a 3x return on their. Apax puts epicor software on the block, sources say dow. Certified epicor partner datix epicor erp software. Eci software solutions provides business and ecommerce solutions, offering onpremise and cloudbased technologies. The apax deal would combine activants erp solutions for retailers and distributors with epicors software for retail, manufacturing, distribution, hospitality and services. Joe flanigen, senor technical account manager talks about partnership between microsoft and epicor. Apax partners acquires software giants epicor, activant for close. The wsj reports apax partners is putting epicor on the block, hoping to. After around five years of ownership apax partners has sold epicor to kkr. With the flexibility to run in the cloud or on premises, epicor erp delivers a comprehensive set of global functionality enabling you to drive profitability, inspire innovation and respond quickly to an evolving business environment. Epicor erp minimizes the complexities of traditional erp to deliver a solution that emphasizes ease of use, collaboration and responsiveness.

P epicor software corporation federal trade commission skip navigation. Apax put epicor on the block in 2014 but ultimately chose not to sell, turning down. The 20 most soughtafter large european lbo managers on the secondary market q3 2017 news apax pulls gpled deal exclusive apax runs gpled process on fund vii exclusive howard hughes medical institute sells apax europe vii to acg capital s. Business software maker epicor this morning announced that it has agreed to be acquired by private equity firm apax partners. Out of 60 sectors in the mergr database, information technology ranked 3 in number of deals in 2015. The acquisition of a block of shares of a listed company. Apax takes business software maker epicor off the block wsj.

Apax partners to acquire epicor software corporation and activant solutions, inc. Epicor sued over alleged erp project failure pcworld. Apax partners to acquire epicor software and activant. Epicor software corporation to be acquired by kkr the. Epicors ondemand data integration software uses its commercially available and fully supported software tools to connect customers to their business partners as a service. Connect with epicor featured customers that trust epicor.

In a second announcement exact has announced that they have also sold their us erp businesses macola, jobboss and the max to apax partners. Company epicor software corporation, history, 2016 apax partners sells. Epicors retail solutions arm, epicor retail, will combine quantisenses analytics applications with its endtoend suite to allow retailers to leverage enterprisewide data in all aspects of their operations, including supply. Epicor is a midmarket software for companies that are under 100 employees roughly and more than 50 who need an erp. The wsj cites bidding interest for the retail solutions provider, including cvc capital partners, but not good enough prices to go ahead with a sale. Apax partners to merge epicor, activant informationweek. Apax partners to acquire epicor and activant zdnet.

They will combine the companies under the eci banner. Epicor to cad integration software solution partner. Not a lot of detail yet, but heres one nugget that graveyard readers will enjoy. Havent seen any discussion anywhere yet about potential. Apaxbacked epicor to acquire quantisense pitchbook. Gold status is awarded to companies that have met the highest annual revenue goals and certification requirements set forth by epicor.

Apax partners to acquire epicor software corporation and. As an epicor gold partner, datix is among the elite in erp consulting. About epicor software corporation epicor software is a global leader delivering business software solutions to the manufacturing. Apax put epicor up for sale back in may, having acquired it in 2011. Apax partners puts epicor software on the block epicor software corp. Apax partners has decided for now to retain epicor software corp. Epicor has been put up for sale by private equity firm apax partners. Private equity investment group, apax partners, invest in leveraged and management buyouts, growth capital and late venture funds.

Apax partners acquires eci software solutions 20170814. Epicor customer references have an aggregate content usefulness score of 4. All content is posted anonymously by employees working at apax partners. Epicor software, a portfolio company of apax partners, has agreed to acquire quantisense, a provider of analytic solutions to the retail industry. Apax partners has put a hold on its sale of epicor software systems, according to a recent article by the wall street journal. As the epicor global partner of the year for three years running, our firm has invested the time and effort to become a leader in the training and consulting that is required for digital. Apax to make back more than it invested in epicor news.

Private equity form apax partners has reached agreement to acquire epicor. Just be careful that the var doesnt walk you down a road to heavy customizations that get in the way of. Epicor provides erp software for manufacturers, while activant focuses on retailers and wholesale distributors. Apax partners acquires software giants epicor, activant. Epicor growth strategy affirmed with acquisition by. The post apax partners puts epicor software on the block appeared first on eci syteline consultants. Given the choices at this size of a companys growth, it is a viable choice.

The erp graveyard blog musings and snark on the evershrinking world of business software and how open source can be part of the solution. Private equity firm apax partners is buying epicor and activant in a deal that will create one of the worlds largest erp enterprise resource planning software vendors, the companies announced monday. Aptos was acquired by apax partners on may 11, 2015 mergr. Our team of dedicated consultants has many years of experience helping manufacturers and distributors maximize the value of their software investment and optimize. So funds advised by apax partners, the pe giant who has danced in and. Apax partners is an independent global partnership focused solely on longterm investment in growth companies. Epicor announces spinoff of retail solutions business aptos. All of our solutions integrate with epicors software to offer leadingedge solutions that address critical business needs for customers across industries or specialized vertical markets.

The shareholders in total owning about 32% of a share block of epicor spoke in favor. Epicor software corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced a spinoff of the retail solutions business into a separate privatelyheld company under common ownership by. Combination of epicor and activant to create a global leader in business software solutions. Including dividends taken by apax in 20 and 2015, the londonbased buyout firm generated a return of more than four times its equity investment in epicor, or a profit of more than three times its investment, one of the people said. This sees a return by the private equity company to the erp space. The official website of the federal trade commission, protecting americas consumers for over 100 years. Over its more than 30year history, apax partners has raised and advised.

Kkr agrees to buy software maker epicor from apax partners. Microsofts staff is involved in the development and implementation of epicors software. Apax concludes activantepicor acquisitions prosales online. Epicor software, a privateequity owned company that assists other firms with sales and supplychain management, is on the block and seeking as much as. Epicor software corporation, a provider of enterprise business software solutions for the midmarket and divisions of global companies, announces that it has entered into a definitive agreement to be acquired by funds advised by apax partners, a private equity firm with a history of technology investments. Epicor s software assists businesses with sales and supplychain management.

Erp vendors and hardware companies wanting to get into software. The wsj reports apax partners is putting epicor on the block, hoping to find a suckerhhhh buyer that will give them a 3x return on their investment in as many years. Epicor software, a privateequity owned company that assists other firms with sales and supplychain management, is on the block and seeking. Epicor will hope that this leads to a new injection of life and potentially funds into the company. In 2011, apax partners bought epicor software and californiabased activant solutions inc. Apax puts epicor software on the block, sources say mike spector, gillian tan and dana mattioli broke the news that epicor software corp. Erp software for process and discrete manufacturing industries qbuild is a proud epicor software solution partner. Apax partners llp is a leading global private equity advisory firm. Apax partners puts epicor software on the block wsj. Epicors distinct b2b integration and edi managed service ondemand provide you with identical software tools if your business need outgrows that of an outsourced solution. The auction drew bidders such as cvc capital partners but the price wasnt enough to spur apax to sell, the wall street journal reported. Epicor, activant to be acquired in erp deal enterprise. Epicor demonstrated its software and assured whaley it could meet all of its.