Epicor Software Corporation recently announced it has agreed to acquire privately held Solarsoft Business Systems from Marlin Equity Partners. Solarsoft specializes in midmarket enterprise resource planning (ERP) and management systems for manufacturing and distribution.
The acquisition of Solarsoft is expected to close within the next few months.
“Solarsoft shares our customer-centric focus and product strategy to protect customer’s investments in our solutions, while delivering unprecedented choice and flexibility,” said Pervez Qureshi, president and CEO of Epicor. “The acquisition is an excellent fit culturally and from a technology standpoint. Both companies offer deep industry expertise, and are committed to building long-term relationships with customers, providing next-generation capabilities and enabling technologies—on-premise, on-demand, hosted, or in the cloud—that customers need as their businesses evolve.”
Solarsoft delivers enterprise software and IT services to manufacturers, distributors and wholesalers in North America, Europe and Asia, and has over 400 employees, almost 2,000 customers, and annual revenues of approximately $90 million.
“We are pleased to join forces with Epicor, a recognized leader in enterprise software with a long, successful history of bringing visionary ERP solutions to the market,” said Shawn McMorran, CEO of Solarsoft. “Collectively we will have over 22,000 customers and combined revenues approaching one billion dollars annually, making us part of one of the largest enterprise software providers worldwide. Combined with Epicor, our increased scale, expanded solutions portfolio, enhanced service offerings, and global infrastructure will drive even greater value to our customers, now and in the future.”Tagged with tED