Announced
Completed
Financials
Tags
Completed
Private Equity
Single Bidder
Majority
Friendly
Software
software
United States
Private
Acquisition
Domestic
Synopsis
Koch Industries, an American multinational firm, through its private investment arm, completed the acquisition of the remaining stake in Infor, a multi-national enterprise software company, from Golden Gate Capital at an $11bn valuation. "Koch's decision to acquire Infor is a strong endorsement of our product strategy and focus on creating innovative solutions for our customers. As a subsidiary of a $110bn + revenue company that re-invests 90% of earnings back into its businesses, we will be in the unique position to drive digital transformation in the markets we serve. We are rapidly expanding our industry-specific CloudSuites and offering customer experiences and outcomes that are well beyond what is standard in enterprise software," Kevin Samuelson, Infor CEO.
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