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KKR in final talks to sell Epicor Software for $4.7B

Aug. 29, 2020 12:11 PM ETKKR & Co. Inc. (KKR) StockKKRBy: Gaurav Batavia, SA News Editor2 Comments
  • KKR (NYSE:KKR) is in final talks to sell Epicor Software to a group led by private-equity firm Clayton Dubilier & Rice LLC (CDR) for ~$4.7B, including debt, reports WSJ.
  • Epicor makes back-office and sales software for manufacturing, distribution, retail and service industry customers.
  • KKR bought Epicor in 2016 for around $3.3B, including debt, from private-equity firm Apax Partners.

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Comments (2)

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A
Is this a good or bad signal for Epicor Software?
r
The way this market is going you could have bought a pile of dog poop and made money.

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