Under the proposed agreement, apax partners will commence a tender offer to acquire all of the outstanding common stock of epicor software corp. Feb 25, 2020 when comparing epicor erp to their competitors, on a scale between 1 to 10 epicor erp is rated 6, which is similar to the average erp software cost. Epicor software corporation damon wright, 9495854509 sr. Epicor software corporation privacy policy cookies policyprivacy policy cookies policy. Scala announce that epicor will commence a public offer the offer for all issued and outstanding ordinary shares of scala the scala shares. Specifically, the complaint alleges that the tender offer is being made pursuant to an agreement and plan of.
Given the choices at this size of a companys growth, it is a viable choice. Under the terms of the merger agreement, apax will commence the tender offer for epicor no later than april 8, 2011. Joint press release by epicor software corporation and. Nov 26, 2008 epicor is a global leader dedicated to providing integrated enterprise resource planning erp, customer relationship management crm, supply chain management scm and professional services automation psa software solutions to the midmarket and divisions of global companies. Tender offer statement under section 14d1 or e1 of the securities exchange act of 1934 amendment no.
So, when zpmc is submitting a tender for a new 60 quay crane at one of europes major ports, they can factor the availabilityor manufactureof key components into their calculations. The complaint alleges that as part of the tender offer, apax has agreed to pay certain epicor insiders the rollover shareholders additional and different consideration. May 06, 2011 the depositary for the tender offer has advised that, as of the close of business on wednesday, may 4, 2011, a total of approximately 8,689,294 shares of epicor common stock were validly tendered. Retail customers trust epicor to help them simplify and run their businesses from checkout to back office systems. Epic, a leading provider of enterprise business software solutions for the midmarket and divisions of global companies. Apax partners acquires software giants epicor, activant for close. Represent epicor globally in complex transactions, including structuring, drafting and negotiating software license and saas and professional services agreement, and oem, development, vendor and. Epicor, activant to be acquired in erp deal enterprise. The board of directors of epicor, in consultation with independent legal and financial advisors, will carefully consider and evaluate elliott associates unsolicited tender offer and will issue. Case summary securities class action clearinghouse. Epicor software corporation is a global business software company based in austin, tx and was founded in 1972. At epicor software, we drive business growth with flexible, industryspecific software designed around the needs of your industry. Epicor board of directors responds to elliott associates.
Epicor erp is a fullfeatured solution for businesses searching for a more effective system for handling all their business processing needs. For financial reporting, their fiscal year ends on december 31st. Funds advised by apax partners extend offer to acquire epicor software. Joint press release by epicor software corporation and scala. The epicor erp system has robust functionality with modular features to control processes including inventory, financial management, crm, supply chain management, and more. Apax partners to acquire epicor software and activant. Incorporated in 1972 as triad systems corporation, the company was renamed activant solutions inc.
We will follow your directions and, other than the strictly necessary cookies which are always enabled, we will only use the cookies you choose to accept. Epicor erp is a software solution built for the manufacturing industry aiming to help manufacturers scale up and remain agile in a changing market. Everything from customer relationship management and supply chain management to human capital management and manufacturing operations can be handled within the software by choosing your preferred. Accounting software 411 epicor comments on the termination. Apax partners acquires software giants epicor, activant. Hedge fund takes offer for epicor to shareholders reuters. Epic, a leading provider of enterprise business software solutions for the midmarket and divisions of global epicor board of directors responds to elliott. Upadte 3hedge fund takes offer for epicor to shareholders.
Epicor is a global leader dedicated to providing integrated enterprise resource planning erp, customer relationship management crm, supply chain management scm and professional services automation psa software solutions to the midmarket and divisions of global companies. Its products are aimed at the manufacturing, distribution, retail and services industries. Epicor software epiq comments on the termination of elliott associates. Funds advised by apax partners and epicor software. The complaint alleges that the tender offer is being made pursuant to an agreement and plan of merger the merger. Epicor software corporations stockholders are advised to read these documents, any amendments to these documents and any other documents. Epicor provides complete, secure, userfriendly business solutions to local and specialty retailers in nearly 8,000 locations across north america and the caribbean. 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 advanced business microsystems was another. Update 3hedge fund ends offer for epicor, shares fall.
Prnewswire in connection with the previously announced agreement to acquire epicor software corporation nasdaq. Austrian sensor specialist ams ag is proceeding with its takeover bid for osram licht ag, which values the german lighting group at 4. Best place to work and an awesome environment star star star star star. Epicor software corporation investor investigation over. Epicor uses cookies to personalize content and ads, to provide social media features, and to analyze our traffic. Apr 04, 2011 epicor software corporations stockholders are advised to read these documents, any amendments to these documents and any other documents relating to the tender offer that are filed with the sec. The complaint alleges that as part of the tender offer, apax has agreed to pay certain epicor insiders the rollover shareholders. A powerful, easytouse solution to help local retailers grow. It is a leading enterprise resource planning erp software vendor that develops solutions for the distribution, manufacturing, professional services and retail industries.
We are writing on behalf of our client, epicor software corporation, a delaware corporation, in connection with its proposed exchange offer to acquire all of the outstanding ordinary shares of scala business solutions n. Get ahead of the gamejoin our talent community and be the first to hear about new epicor job opportunities. Enter email address interested in select a job category from the list of options. Apax partners to acquire epicor and activant zdnet.
Epicor software corp is primarely in the business of servicesprepackaged software. Epicor erp software epicor is a global provider of business software with more than 33,000 customers in 150 countries. On april 4, 2011, epicor software corporation announced that it had entered into a definitive merger agreement with apax and its affiliates providing for a tender. Epicor, activant to be acquired in erp deal enterprise apps. Bartender is compatible with epicor erp and provides the tools to easily design templates, configure and connect to data sources and business systems. Epicor software corporation is a global leader delivering inspired business software solutions to the manufacturing, distribution, retail and services indust. There are endless erp job opportunities at epicor software.
Security and exchange commission and incorporated in the state of delaware. Zpmc now uses the executive dashboards in epicor erp to analyze spend, monitor any equipment failures and keep track of product specifications such as warranties. Oct 15, 2008 the board of directors of epicor, in consultation with independent legal and financial advisors, will carefully consider and evaluate elliott associates unsolicited tender offer and will issue. Epicor is a midmarket software for companies that are under 100 employees roughly and more than 50 who need an erp. Apax partners acquires software giants epicor, activant for.
Apr 06, 2011 epicor software corporations stockholders are advised to read these documents, any amendments to these documents and any other documents relating to the tender offer that are filed with the sec. Epicor remains committed to building stockholder value through the execution of its. Epicor software corporation request for noaction under rule 14e1b ladies and gentlemen. The epicor software is highly flexible and scalable software, consisting of a variety of modules from which you can pick and choose what you need. Epicor agrees to be acquired by apax partners news. Epicor software epiq comments on the termination of elliott. The depositary for the tender offer has advised that, as of the close of business on wednesday, may 4, 2011, a total of approximately 8,689,294 shares of. It offers extensive functionalities by incorporating major business operations into a single software. Epicor software corporations stockholders are advised to read these documents, any amendments to these documents and any other documents relating to the tender offer that are filed with the sec.
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