IT Industry Today
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
Published 28 February 2017
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 (³KED²), the investment and acquisition subsidiary of Koch Industries, Inc. The investment is strong validation of Infor¹s 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. Infor¹s existing shareholders include Golden Gate Capital, Summit Partners, and Management.
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