CVC Capital Partners completed the investment in CD&R-backed Epicor.

CVC Capital Partners, a Luxembourg-based private equity and investment advisory firm, completed the investment in CD&R-backed Epicor, an industry-specific enterprise software provider. Financial terms were not disclosed. “We look forward to working with CVC and CD&R as we continue to invest in our people, portfolio and AI-powered cognitive ERP capabilities to enhance the value we bring to our customers and communities. We anticipate this strategic partnership will enable us to accelerate our growth into new markets, continue to develop new cloud-ready products and support our focus in delivering for the Make, Move and Sell industries worldwide. We believe CD&R and CVC’s combined operating expertise in the technology and software space will be a key driver of innovation and expansion of our business,” Steve Murphy, Epicor CEO.