Koch completes investment of more than $2 billion in Infor
Provides Access to Growth Capital for Cloud Software Leader to Drive Digital Transformation across Industries
NEW YORK (Feb. 21, 2017)--Infor,
a leading provider of business applications specialized by industry and
built for the cloud, today announced the completion of a previously
announced investment of more than $2 billion in the company by an
affiliate of Koch Equity Development LLC (“KED”), the investment and
acquisition subsidiary of Koch Industries, Inc.
The investment is strong
validation of Infor’s strategy and growth – a journey fueled by product
investment, innovation, and an entrepreneurial culture – and provides
Infor access to additional capital to accelerate innovation, expand
distribution, and continue disrupting the enterprise applications
industry.
Infor’s existing shareholders include Golden Gate Capital,
Summit Partners, and Management.
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