Clayton, Dubilier & Rice To Acquire Epicor

 



Private investment firm Clayton, Dubilier & Rice plans to acquire Epicor Software Corporation, a global provider of industry-specific enterprise software to industrial-focused sectors, from global investment firm KKR. Over the past four years under KKR’s ownership, Epicor’s executive team, led by CEO Steve Murphy, has driven growth through a combination of organic investments and strategic acquisitions. CD&R operating partner Jeff Hawn will serve as chairman of the Epicor board upon close of the transaction, expected later this year.