Epicor

{{Infobox company

| logo = File:Epicor-logo.svg

| type = Private

| key_people = Steve Murphy {{small|(CEO)}}

Lisa Pope {{small|(President)}}{{cite web |title=Epicor Leadership Team |url=https://www.epicor.com/en-us/newsroom/epicor-leadership-team/ |website=Epicoir Leadership Team |publisher=Epicor Software |access-date=9 October 2021}}

| industry = Computer software

| products = ERP, Retail Software

| revenue = US $1.05 billion FY 2022

| owner = CD&R

| num_employees = 4,600

| homepage = [http://www.epicor.com www.epicor.com]

| foundation = 1972

| location = Austin, Texas

}}

Epicor Software Corporation is a business software company based in Austin, Texas founded in 1972. Its products are aimed at the manufacturing, distribution, retail and services industries.{{Cite web |title=Best Software Development Companies in Austin, USA |date=14 October 2023 |url=https://insoftex.com/best-software-development-companies-in-austin-usa/}}

Epicor provides enterprise resource planning (ERP), 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.

History

= 1972–2000 =

Advanced Business Microsystems (ABM) was a company founded in 1984. ABM created a suite of accounting software for MS-DOS and marketed them in a joint venture with IBM known as The Platinum Series. ABM developed the Platinum line into a financial accounting software product designed for multi-user LAN-based environments. ABM was renamed Platinum Software Corporation in 1992 in preparation for its initial public offering.{{Cite web|url=https://www.scribd.com/document/98082605/EPICOR|title = EPICOR | PDF | Supply Chain Management | Enterprise Resource Planning}}

Platinum announced a version of their products for Microsoft Windows in 1993.{{Cite web|url=https://www.latimes.com/archives/la-xpm-1993-03-16-fi-615-story.html|title = Archives| website=Los Angeles Times | date=16 March 1993 }}

Platinum acquired Clientele in 1997, and FocusSoft, an extension to Platinum's existing distribution solution.{{cite web|title=Platinum Software Becomes Epicor|url=https://www.latimes.com/archives/la-xpm-1999-may-04-fi-33905-story.html|website=articles.latimes.com/|date=4 May 1999 }} After a year, Platinum merged with DataWorks to extend its manufacturing solutions and operations. DataWorks Corporation was founded in 1977 (as Budget Computer Systems, San Diego, CA) specializing in integrated enterprise resource planning (ERP) systems targeted at high tech sector companies.{{cite web|title=Definition of: DataWorks.|url=https://www.pcmag.com/encyclopedia/term/40907/dataworks|website=pcmag.com|publisher=Epicor}} In 1999, Platinum/DataWorks became Epicor Software Corporation.{{cite web|title=Platinum Software Becomes Epicor|url=https://www.latimes.com/archives/la-xpm-1999-may-04-fi-33905-story.html|website=Los Angeles Times|date=4 May 1999 }}

= 2001–2010 =

Epicor sold the Platinum for Windows (PFW) products to Sage Group in 2001.{{Cite web|url=http://e2btek.com/vendor-sage/|title=E2b teknologies - Vendor | Sage|date=10 October 2016}}

Epicor for Service Enterprises, which automated enterprise services and was completely web-based, was released in 2003. The company acquired CompuNet for the hospitality. It acquired Scala in 2004.{{cite web|title=Epicor Commences Public Offer for All Shares of Scala Business Solutions|url=https://www.sec.gov/Archives/edgar/data/891178/000119312504086373/d425.htm|website=sec.gov}}

In 2005, Epicor purchased CRS Retail to provide a comprehensive retail suite{{cite web|title=Epicor Buys CRS Retail Systems For $121M|url=http://www.socaltech.com/epicor_buys_crs_retail_systems_for____m/s-0002739.html|website=socaltech.com|publisher=Epicor}} then acquired NSB in 2007 to expand retail offerings.{{cite web|title=Epicor NSB Buy to Further Consolidate Retail Software Midmarket|url=https://www.gartner.com/doc/570210/epicor-nsb-buy-consolidate-retail|archive-url=https://web.archive.org/web/20150214104809/https://www.gartner.com/doc/570210/epicor-nsb-buy-consolidate-retail|url-status=dead|archive-date=February 14, 2015|website=gartner.com|publisher=Epicor}}

In late 2010, Epicor purchased privately held SPECTRUM Human Resource Systems Corporation to further deliver service from a single-point of accountability.{{cite web|title=Epicor® to Acquire Spectrum Human Resource Systems Corporation|url=http://www.hr.com/en/communities/epicor%C2%AE-to-acquire-spectrum-human-resource-systems_ghqc2yo9.html|website=hr.com|publisher=Epicor}}

= 2011–present =

Another predecessor company, incorporated in 1972 as Triad Systems Corporation, was renamed Activant in 2003, and continued to grow through acquisition.

In 2011, Apax Partners purchased both Activant and Epicor and merged the organizations together retaining the Epicor name as a privately held company.{{Cite web |title=Apax Partners Acquires Software Giants Epicor, Activant For Close To $2 Billion |url=https://techcrunch.com/2011/04/04/apax-partners-buy-software-giant-epicor-for-close-to-1-billion/ |access-date=2022-08-22 |website=TechCrunch |date=4 April 2011 |language=en-US}}{{cite web|title=Apax Partners To Merge Epicor, Activant|url=http://www.informationweek.com/applications/apax-partners-to-merge-epicor-activant/d/d-id/1097018?|website=informationweek.com|date=5 April 2011|publisher=Epicor}} Pervez Qureshi, prior CEO of Activant, became CEO of the new Epicor in May, 2011.

In April 2012, Epicor partnered with ASA Automotive Systems Inc. to help ASA dealers increase vehicle parts and service revenue with Epicor Integrated Service Estimator.{{Cite web|title = Hundreds of ASA Customers Now Growing Parts & Service Revenue with Epicor Integrated Service Estimator Solution|url = https://www.asaauto.com/pr-04-26-12//}}

In October 2012, Epicor acquired Solarsoft Business Systems,{{cite web|title=Epicor Completes Acquisition of Solarsoft Business Systems; Reports Preliminary Fiscal 2012 Financial Results|url=https://finance.yahoo.com/news/epicor-completes-acquisition-solarsoft-business-130000481.html|website=yahoo.com|date=15 October 2012 |publisher=Epicor}} 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.{{cite web|title=Solarsoft Acquires Progressive Solutions|url=http://www.prosalesmagazine.com/news/deals/solarsoft-acquires-progressive-solutions_o|website=prosalesmagazine.com|date=June 2012 |publisher=Epicor}}

On October 7, 2013, Epicor appointed Joseph L. Cowan as President and CEO.{{cite web|title=Joseph L. Cowan Appointed President and Chief Executive Officer of Epicor Software Corporation|url=http://www.epicor.com/press-room/news-releases.aspx|website=epicor.com|publisher=Epicor}}

In October 2014, Epicor announced 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.{{cite web|title=Epicor Acquires QuantiSense, Extends BI and Analytics Offering|url=http://risnews.edgl.com/retail-news/Epicor-Acquires-QuantiSense,-Extends-BI-and-Analytics-Offering95965|website=risnews.edgl.com}}

On January 6, 2015, Epicor completes acquisition of privately held ShopVisible, LLC.{{cite web|title=Epicor Acquires ShopVisible|url=http://www.accountingtoday.com/accounting-technology/news/epicor-acquires-shopvisible-73241-1.html|website=accountingtoday.com|date=6 January 2015|publisher=Epicor}}

In June 2015, Epicor Retail was spun off from Epicor and became Aptos, Inc.{{cite press release

| title = Newly Independent Company Aptos Launches New Brand, Readies Retailers to Engage Customers Differently

| publisher = Aptor (formerly Epicor Retail)

| year = 2015

| url = https://www.aptos.com/aptos-news/newly-independent-company-aptos-launches-new-brand-readies-retailers-to-engage-customers-differently/

| access-date = 17 June 2015}}{{cite news|title=Epic Transformation: Epicor Retail Becomes Aptos|url=http://risnews.edgl.com/retail-insight-blog/Epic-Transformation--Epicor-Retail-Becomes-Aptos100911|access-date=22 June 2015|work=RIS News}}

On July 5, 2016, Epicor announced that it has entered into a definitive agreement to be acquired by the global investment firm KKR.{{cite press release

| title = Epicor Growth Strategy Affirmed by Acquisition by Leading Global Investment Firm KKR

| publisher = Epicor Software

| year = 2016

| url = http://www.epicor.com/Press-Room/News-Releases/Epicor-Growth-Strategy-Affirmed-with-Acquisition-by-Leading-Global-Investment-Firm-KKR.aspx

| access-date = 12 July 2016

| archive-url = https://web.archive.org/web/20160709170433/http://www.epicor.com/Press-Room/News-Releases/Epicor-Growth-Strategy-Affirmed-with-Acquisition-by-Leading-Global-Investment-Firm-KKR.aspx

| archive-date = 9 July 2016

| url-status = dead

}} The acquisition by KKR was finalized on September 1, 2016.{{cite press release

| title = Epicor Announces Close of KKR Acquisition and Executive Leadership Appointments to Accelerate Growth Strategy

| publisher = Epicor Software

| year = 2016

| url = http://www.epicor.com/Press-Room/News-Releases/Epicor-Announces-Close-of-KKR-Acquisition-and-Executive-Leadership-Appointments-to-Accelerate-Growth-Strategy.aspx

| access-date = 1 September 2016

| archive-url = https://web.archive.org/web/20160904212926/http://www.epicor.com/Press-Room/News-Releases/Epicor-Announces-Close-of-KKR-Acquisition-and-Executive-Leadership-Appointments-to-Accelerate-Growth-Strategy.aspx

| archive-date = 4 September 2016

| url-status = dead

}} Joseph L. Cowan remained president and CEO of Epicor after the acquisition.

On October 1, 2017, Epicor appointed Steve Murphy, prior president of OpenText, president and CEO.[https://www.epicor.com/newsroom/epicor-announces-ceo-succession Epicor Corporation Announces CEO Succession] {{Webarchive|url=https://web.archive.org/web/20171223215146/http://www.epicor.com/newsroom/epicor-announces-ceo-succession/ |date=2017-12-23 }}/

On October 1, 2019, Epicor announced the acquisition of 1 EDI Source, a Solon, Ohio-based provider of Electronic data interchange services and software for an undisclosed amount.{{cite press release

| title = Epicor Acquires Electronic Data Interchange (EDI) Solution Provider 1 EDI Source

| publisher = Epicor Software

| year = 2019

| url = https://www.prnewswire.com/news-releases/epicor-acquires-electronic-data-interchange-edi-solution-provider-1-edi-source-300928907.html

| access-date = 1 October 2019}}

On January 1, 2020, Epicor promoted Himanshu Palsule to president while continuing in his role as Chief Product and Technology officer overseeing Epicor's global portfolio. He will continue to report to CEO Steve Murphy.{{Cite web|url=https://www.dcvelocity.com/articles/44880-epicor-promotes-himanshu-palsule-to-president|title=Epicor Promotes Himanshu Palsule to President|website=www.dcvelocity.com|language=en|access-date=2020-03-18}}

On August 31, 2020, KKR announced that it would sell the company to CD&R for $4.7 billion.{{Cite web|url=https://www.marketwatch.com/story/kkr-to-sell-epicor-software-in-47-billion-deal-4-years-after-buying-the-company-2020-08-31|title=KKR to sell Epicor Software in $4.7 billion deal, 4 years after buying the company|website=MarketWatch|language=en|date=August 31, 2020}}{{Cite web|last=Gagliordi|first=Natalie|title=ERP software company Epicor sells to private equity firm CD&R|url=https://www.zdnet.com/article/erp-software-company-epicor-sells-to-private-equity-firm-cd-r/|access-date=2020-09-17|website=ZDNet|language=en}}{{Cite news |last1=Kruppa |first1=Miles |last2=Wiggins |first2=Kaye |date=31 August 2020 |title=KKR sells software group Epicor to CD&R in $4.7bn deal |newspaper=Financial Times |url=https://www.ft.com/content/76dbc938-ce00-4fa1-947c-731b0e35490a |access-date=2020-09-17}}

On June 12, 2024, Epicor announced its acquisition of KYKLO, a provider of Product Information Management (PIM) and content-driven lead generation solutions for manufacturers and distributors.{{Cite web |last=PYMNTS |date=2024-06-12 |title=Epicor Adds Product Information Management Capabilities With Kyklo Acquisition |url=https://www.pymnts.com/acquisitions/2024/epicor-adds-product-information-management-capabilities-with-kyklo-acquisition/ |access-date=2024-06-13 |website=PYMNTS.com |language=en-US}}{{Cite web |last=Whiting |first=Rick |title=Epicor Expands Digital Commerce Offering With KYKLO Acquisition |url=https://www.crn.com/news/software/2024/epicor-expands-digital-commerce-offering-with-kyklo-acquisition |access-date=2025-01-23 |website=www.crn.com}}

Acquisitions

Intrepid (1995) {{cite web |title=Intrepid Interactive |date=22 March 2013|url=https://www.corumgroup.com/transactions/intrepid-interactive}}
Clientele (1997)
Interactive Group (1997) {{cite web |title=Dataworks Completes Interactive Group Acquisition |url=https://techmonitor.ai/techonology/dataworks_completes_interactive_group_acquisition_1 |website=Tech Monitor |date=13 October 1997 |access-date=8 October 2021}}
Dataworks (1998) {{cite web |title=Platinum Software becomes Epicor after Dataworks Merge |date=28 April 1999 |url=https://techmonitor.ai/techonology/platinum_software_becomes_epicor_after_dataworks_merge |access-date=9 October 2021}}{{cite news |title=Platinum Software Will Buy Competitor for $92 Million |url=https://www.latimes.com/archives/la-xpm-1998-oct-14-fi-32215-story.html |access-date=9 October 2021 |work=Los Angeles Times |date=14 October 1998}}
CompuNet (2003)
ROI Systems (2003)
Scala (2004)
CRS Retail (2005)
NSB Retail (2007), incorporating since 2001 STS Systems
SPECTRUM Human Resources Systems Corp.(2010)
Solarsoft Business Systems (2012)
QuantiSense (2014)
ShopVisible, LLC (2015)
DotNetIT (2016)
docSTAR (2017) {{Cite web|url=http://www.kmworld.com/Articles/News/News/Epicor-Acquires-Enterprise-Content-Management-Software-Provider-docSTAR-and-Expands-Cloud-Based-Solutions-Portfolio-115566.aspx|title = Epicor Acquires Enterprise Content Management Software Provider docSTAR and Expands Cloud-Based Solutions Portfolio| date=4 January 2017 }}
MechanicNet (2019)
1 EDI Source (2019)
KBMax (2021){{Cite web |last=Walton |first=Debbie |date=2021-05-27 |title=Epicor Acquires KBMax a Technology Leader in the CPQ Market |url=https://erp.today/epicor-acquires-kbmax-a-technology-leader-in-the-cpq-market/ |access-date=2025-02-06 |website=ERP Today |language=en-GB}}
Grow.com (2022){{Cite web |last=Evatt |first=Melissa |date=2022-03-02 |title=Epicor acquires Grow Inc to boost business intelligence capabilities |url=https://erp.today/epicor-acquires-grow-inc-to-boost-business-intelligence-capabilities/ |access-date=2025-02-06 |website=ERP Today |language=en-GB}}
eFlex Systems (2022){{Cite web |date=8 December 2022 |title=Epicor Acquires MES Provider eFlex Systems {{!}} ASSEMBLY |url=https://www.assemblymag.com/articles/97496-epicor-acquires-mes-provider-eflex-systems |access-date=2025-02-06 |website=Assembly |language=en}}
Data Interchange (2022){{Cite web |last=Evatt |first=Melissa |date=2022-06-08 |title=Epicor acquires Data Interchange to streamline supply chain strategies |url=https://erp.today/epicor-acquires-data-interchange-to-streamline-supply-chain-strategies/ |access-date=2025-02-06 |website=ERP Today |language=en-GB}}
Elite EXTRA (2023){{Cite web |title=Epicor acquires logistics management platform Elite EXTRA |url=https://nucleusresearch.com/research/single/epicor-acquires-logistics-management-platform-elite-extra/ |access-date=2025-02-06 |website=Nucleus Research |language=en-US}}
Smart Software (2024){{Cite web |date=2024-05-02 |title=Epicor Acquires Smart Software for AI-Powered Inventory Planning |url=https://www.sdcexec.com/software-technology/software-solutions/news/22894831/epicor-software-corp-epicor-acquires-smart-software-for-aipowered-inventory-planning |access-date=2025-02-06 |website=Supply & Demand Chain Executive |language=en-us}}
KYKLO (2024)

Program

Epicor also released the plan 'Fit for the Future,' intended to support stakeholders in the group develop market sustainability and thrive in the new environment.

Providers involve resellers, device integrators, and business partners who can use the Epicor software range and services to introduce, plan, and build transformational IT strategies.{{Cite web|title=Epicor launches partner support program in wake of COVID-19|url=https://channellife.com.au/story/epicor-launches-partner-support-program-in-wake-of-covid-19|access-date=15 June 2020|website=channel life |last1=Knowles |first1=Catherine }}{{cite web|title=New Epicor CEO takes to the road to meet with customers, employees|url=https://www.fierceceo.com/technology/epicor-ceo-steers-company-against-heavy-hitters|website=Fierce CEO|access-date=2017-12-12|archive-date=2019-07-23|archive-url=https://web.archive.org/web/20190723162034/https://www.fierceceo.com/technology/epicor-ceo-steers-company-against-heavy-hitters|url-status=dead}}{{cite web |date=12 December 2017 |title=Epicor CEO: Proposed Tax Reform Would Boost Manufacturers |url=https://chiefexecutive.net/epicor-ceo-proposed-tax-reform-boost-manufacturers/ |website=Chief Executive}}{{cite web |date=15 October 2023 |title=Epicor buys leading CPQ vendor KBMax |url=https://insoftex.com/best-software-development-companies-in-austin-usa/}}