Samiksha Jaiswal (Editor)

Epicor

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Industry
  
Computer software

Website
  
www.epicor.com

Owner
  
KKR & Co. L.P.

Founded
  
1972

Products
  
ERP, Retail Software

CEO
  
Joe Cowan

Number of employees
  
3,900

Type of business
  
Private

Epicor httpslh4googleusercontentcomntzUL9AgucUAAA

Key people
  
Joseph L. Cowan, President, CEO

Revenue
  
Over US$0.9 billion FY 2016

Headquarters
  
Austin, Texas, United States

Subsidiaries
  
docSTAR, Epicor Retail Solutions Inc

Profiles

Epicor software corporation wins 2012 golden bridge business and innovation awards


Epicor Software Corporation is a Global Business Software company based in Austin, TX and was founded in 1972. Its products are aimed at the manufacturing, distribution, retail and services industries.

Contents

Epicor provides enterprise resource planning (ERP). Epicor also provides customer relationship management (CRM), supply chain management (SCM), and human capital management (HCM) software to business customers in both Software as a Service (SaaS) and On-Premises deployment models.

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1972–2000

Incorporated in 1972 as Triad Systems Corporation, the company was renamed Activant Solutions Inc. in 2003, and continued to grow through acquisition. In May 2011, the company was purchased by Apax Partners and merged with Epicor Software Corporation, retaining the Epicor name as a privately held company. Epicor was founded in 1984 under the name Platinum Software Corporation, and launched the first financial accounting software product designed for multi-user LAN-based environments. Epicor acquired Clientele in 1997, and FocusSoft, an extension to Platinum's existing distribution solution. After a year, Platinum merged with DataWorks to extend its’ manufacturing solutions and operations. In 1999, Platinum becomes Epicor Software Corporation.

2001–2010

Epicor for Service Enterprises, which automated enterprise services and was completely web-based, was released in 2003. The company acquired CompuNet to expand hospitality solutions; TDC solutions for supply chain execution applications; and, ROI Systems to further extend manufacturing capabilities. With the acquisition of Scala business solutions in 2004, this increased the company's global presence and integrated ERP offerings. In 2005, Epicor purchased CRS Retail to provide a comprehensive retail suite then acquired NSB in 2007 to expand retail offerings. In late 2010, Epicor purchased privately held SPECTRUM Human Resource Systems Corporation to further deliver service from a single-point of accountability.

2011 to present

In 2011, Apax Partners purchased both Activant and Epicor and merged the organizations together. Pervez Qureshi, prior CEO of Activant, became CEO of the new Epicor in May, 2011. In October 2012, Epicor acquired Solarsoft Business Systems, established in 2007 from the merger of CMS Software Inc. of Toronto and XKO Software Ltd from the UK. Before the acquisition, Solarsoft acquired Progressive Solutions in June 2012. On October 7, 2013, Epicor appointed Joseph L. Cowan as President and CEO. In October 2014, Epicor announces its acquisition of privately held QuantiSense, Inc., a provider of cloud and on-premises retail analytics software and services for leading specialty and department store chains.

On January 6, 2015, Epicor completes acquisition of privately held ShopVisible, LLC.

In June 2015, Epicor Retail was spun off from Epicor and became Aptos, Inc.

On 5 July 2016, Epicor announced that it has entered into a definitive agreement to be acquired by the global investment firm KKR. The acquisition by KKR was finalized on September 1, 2016. Joseph L. Cowan remained president and CEO of Epicor after the acquisition.

Acquisitions

  • Clientele (1997)
  • CompuNet (2003)
  • Scala (2004)
  • CRS Retail (2005)
  • NSB (2007), incorporating since 2001 STS Systems
  • SPECTRUM (2010)
  • Solarsoft Business Systems (2012)
  • QuantiSense (2014)
  • ShopVisible, LLC (2015)
  • docSTAR (2017)
  • References

    Epicor Wikipedia