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April 4, 2011 04:22 pm GMT
Business software maker Epicor this morning announced that it has agreed to be acquired by private equity firm Apax Partners. The transaction is valued at approximately $976 million. In a separate announcement, Apax said it will also acquire Activant Solutions, a provider of business management software solutions that was controlled by investment funds affiliated with Hellman & Friedman, Thoma Bravo and JMI Equity. The combined transaction is valued at approximately $2 billion.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RiVRp9ba2x4/
Apax Partners Acquires Software Giants Epicor, Activant For Close To $2 Billion
Business software maker Epicor this morning announced that it has agreed to be acquired by private equity firm Apax Partners. The transaction is valued at approximately $976 million. In a separate announcement, Apax said it will also acquire Activant Solutions, a provider of business management software solutions that was controlled by investment funds affiliated with Hellman & Friedman, Thoma Bravo and JMI Equity. The combined transaction is valued at approximately $2 billion.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RiVRp9ba2x4/
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