TECH SUPPLIER Apr 2020 - Market Note - Doc # EUR145777620
Koch's Acquisition Opens Up a New Chapter and Creates a New Path for Growth for Infor
This IDC Market Note discusses Infor's announcement on April 6, 2020, that it had been acquired by Koch Equity Development LLC, a subsidiary of Koch Industries, Inc. Koch decided to buy the remaining stake in Infor held by Golden Gate Capital following an initial investment of over $3.5 billion in the past four years. After the conclusion of the acquisition, Infor becomes an independent unit of Koch Industries, being operated by the present management team from the current headquarters. The transaction was finalized in the first half of 2020 and received regulatory approval from the appropriate authorities.