(Reuters) – Private equity firm KKR & Co Inc KKR. N will sell business software maker Epicor Software Corp to Clayton Dubilier & Rice in a $4.7 billion deal, the companies said on Monday.
Keeping this in consideration, who purchased Epicor?
CD&R Completes Acquisition of Epicor, Leading Software Provider to Industrial Sectors. Clayton, Dubilier & Rice today announced the closing of CD&R funds’ acquisition of Epicor, a global provider of industry-specific enterprise software to industrial sectors. The transaction is valued at $4.7 billion.
Hereof, how much is Epicor worth?
Epicor
| Type | Private |
|---|---|
| Products | ERP, Retail Software |
| Revenue | Over US$0.9 billion FY 2016 |
| Owner | CD&R |
| Number of employees | 4,100 |
Who is Epicor as a company?
The Company offers enterprise resource planning, manufacturing execution system, and distribution software. Epicor Software serves manufacturing, distribution, retail, hospitality, and services organizations.
What is Epicor written in?
Configurator 10 uses Microsoft C#(Sharp) language, which is a change from Progress ABL that was used in Vantage 8 and Epicor 9. C# is a programming language that is designed for building a variety of applications that run on the . NET Framework.
Who is the CEO of Epicor?
Steve Murphy
How many employees does Epicor have?
3,900
Who founded CD&R?
In June 1978, Joe Rice and Marty Dubilier, along with two co-founders, launched a private investment firm that brought an active ownership model to the businesses it acquired.
What is a CDR investment?
A Chinese Depositary Receipt (CDR) is a type of depositary receipt (DR) that is traded on a Chinese stock exchange. … Therefore, a CDR is a certificate issued by a custodian bank that represents a pool of foreign equity that is traded on Chinese exchanges.
What is a private equity firm do?
A private–equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital.