Apax Inks $2B Deal for Epicor, Activant
Today, Apax Partners announced plans to buy two software firms in a combined deal valued at about $2 billion. First, Apax is buying Activant Solutions, a Livermore, Calif.-based provider of enterprise resource planning software for mid-market retailers and distributors. Activant had 2009 revenue of $378.9 million and over 1700 employees, according to the company’s web site. Hellman & Friedman, Thoma Bravo and JMI Equity, which acquired Activant in 2006, are the sellers.
4 April 2011•2 mins read
