Epicor to Acquire Solarsoft Business Systems
Epicor Software Corporation announced it has agreed to acquire privately held Solarsoft Business Systems from Marlin Equity Partners. Solarsoft is a specialist in midmarket enterprise resource planning (ERP) and management systems for manufacturing and distribution.
The acquisition of Solarsoft, expected to close in 45 days, will allow Epicor to accelerate initiatives in the highly regulated food and beverage, pharmaceuticals and healthcare industries. Additionally, Solarsoft brings significant expertise and resources to support the delivery of both Solarsoft and Epicor cloud-based ERP, software as a service (SaaS), hosting, and managed services offerings.
“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.”
“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.”