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Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy

Epicor Software for sale

May 9, 2014
Epicor Software Corp., owner of the popular Eclipse distribution software package, has been put up for sale by its owner, Apax Partners, a London-based buyout firm. The price for Epicor, which recently moved to Austin, Texas, from the Bay Area, could top $3 billion, according to reports in the Wall Street Journal and other sources.

Epicor Software Corp., owner of the popular Eclipse distribution software package, has been put up for sale by its owner, Apax Partners, a London-based buyout firm. The price for Epicor, which recently moved to Austin, Texas, from the Bay Area, could top $3 billion, according to reports in the Wall Street Journal and other sources. The WSJ article said Epicor had 2013 sales of $978.3 million, and that the company now carries $1.3 billion debt.

In 2011, Apax bought Epicor, a provider of enterprise business software solutions primarily for a variety of distribution and manufacturing applications outside the electrical market and merged it with Activant Solutions, which owned Eclipse, Trade Service Systems, Prophet 21 and Prelude systems. A year later, Apax spent $155 million to buy another ERP software company Solarsoft Business Systems that focuses on the manufacturing and distribution markets.