It's a Good Time to be in the Cloud Webinar: Making the case for cloud-based ERP systems

This FREE webinar sponsored by Epicor will explain what you should consider before moving your data to the cloud.




Presenter Jeff Gusdorf, Brown Smith & Wallace


Presenter Tony Corley, senior product marketing manager - Distribution, Epicor


Host Rich Vurva, Industrial Supply magazine

While ERP software in the cloud has been around for more than a decade, adoption rates are increasing for distributors. This is largely driven by the need to provide exceptional customer service to remain competitive. This webinar will discuss the changing landscape and suggest things you should think about before moving to the cloud.

Webinar: It’s a Good Time to be in the Cloud May 22, 2 p.m. EST 

Register at: https://register.gotowebinar.com/register/228002825887616779

Epicor To Be Acquired By Investing Firm KKR

Nine days after the Wall Street Journal reported that Apax Partners was considering a sale of Epicor Software, Epicor announced Tuesday that is has agreed to be acquired by global investment firm KKR. Terms were not disclosed for the transaction, which is expected to close by the end of August.

Apax Partners, a London-based private equity firm, bought Epicor for about $1.04 billion in 2011 and eventually merged it with rival Activant Solutions. Apax tried selling Epicor in 2014 but ended up pulling out after turning down offers it deemed to low from bidders, some which were reportedly worth around $3 billion.

Epicor’s software assists manufacturing, distribution and retail businesses with sales and supply-chain management. It is one of the leading technology providers for distributors, with more than 7,000 distributors using its software, according to Epicor's website.

"Our top priority continues to be delivering cloud-ready, market-leading solutions paired with a world-class customer experience," said Joe Cowan, president and CEO of Epicor. "KKR shares our vision of providing innovative technology with a clear focus on helping customers grow business, not software. This is an exciting time for Epicor, and I am extremely appreciative of Apax's support during the last five years."

Link to Article

Apax Considering Sale of Epicor

For the second time in two years, Apax Partners, a London-based private equity firm, is considering selling Epicor Software, according to a report by the Wall Street Journal.

Epicor Chief Executive Joe Cowan said the interest from private-equity buyers is "no surprise' given the company’s "strong performance and market leadership."

"We’ll consider those expressions of interest,' Mr. Cowan said in an email, the WSJ reported. "As we do so, we’ll be guided by what makes the most sense for the company and our customers."

Apax bought the company for about $1.04 billion in 2011 and later merged it with rival Activant Solutions Inc.

Apax put Epicor on the block in 2014 but ultimately chose not to sell, turning down offers it deemed too low from bidders including CVC Capital Partners, the Wall Street Journal said at the time. Some bids were around $3 billion including debt, the WSJ reported.

Epicor’s software assists businesses with sales and supply-chain management. It is one of the leading technology providers for distributors and says on its web site that more than 7,000 distributors use its software.

Inventory Optimization and Maximizing Profitability

Please attend the Business Improvement Webcast Series for distributors on May 28, 2015:

Epicor welcomes Jon Schreibfeder, president of Effective Inventory Management, for an educational and informative discussion on how distributors can overcome four major challenges:

• Increased competition
• Lower margins
• Product proliferation
• Demanding customers

Jon will discuss useful strategies for managing your inventory investment to maximize net profits, including valuable tips on:

• Accurate forecasting
• Using adjusted margin to access profitability
• Ensuring your inventory is accurate
• Meeting customer expectations

Click here to register.

In addition, you'll learn about some powerful tools for helping you effectively manage your inventory.  Epicor will demonstrate how you can identify buying trends and unique demand patterns, apply the best forecasting methods, eliminate excessive stock, manage VMI, and improve processes for better inventory control. 

You’ll walk away with an even better understanding of how to exceed customers’ expectations of product availability and maximize net profits.