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Koch Industries Agrees to Aquire All of Infor

Infor, a global leader in business cloud software, announced today that Koch Industries has entered into a definitive agreement to acquire the remaining equity stake in Infor held by Golden Gate Capital. At the close of the transaction, Infor will become a standalone subsidiary of Koch Industries, and will continue to be operated by the company’s current management team from its headquarters in New York City.

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LLP Group is an Infor Global Alliance Partner and Gold Channel partner and has enjoyed a relationship with Infor that spans more than two decades. “Koch Industries has made significant investment in Infor since becoming a key investor in 2017 that has allowed them to continue to improve their product offerings,” said Barbara Dreska, Chairwoman and CEO of LLP Group. “We view this announcement as a positive step toward the future and look forward to continuing to work with Infor in our role as a reseller and implementor of Infor software around the world.

Infor has invested approximately $4 billion in product design and development to deliver industry-specific CloudSuites that solve the most challenging operational issues for over 68,000 customers around the globe. Infor’s CloudSuites are cloud-native, industry-specific and built to help companies modernize and drive immediate, tangible impact. Infor’s key industries include manufacturing, distribution, healthcare, public sector, retail and hospitality.

Read the full press release – https://www.infor.com/en-gb/news/koch-industries-agrees-to-acquire-all-of-infor

February 2020

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