M&A Deal Summary

Epicor Software Acquires CRS Retail Systems

On December 7, 2005, Epicor Software acquired software company CRS Retail Systems from Accel-KKR for 121M USD

Acquisition Highlights
  • This is Epicor Software’s 2nd transaction in the Software sector.
  • This is Epicor Software’s largest (disclosed) transaction.
  • This is Epicor Software’s 1st transaction in the United States.
  • This is Epicor Software’s 1st transaction in New York.

M&A Deal Summary

Date 2005-12-07
Target CRS Retail Systems
Sector Software
Buyer(s) Epicor Software
Sellers(s) Accel-KKR
Deal Type Add-on Acquisition
Deal Value 121M USD

Target

CRS Retail Systems

New York, New York, United States
CRS Retail Systems ("CRS") provided retail management software, hardware and services to help its customers drive sales, improve customer service and reduce operating costs, all with more ease and flexibility. With more than 100,000 in-store systems installed in 32 countries and 10 languages, CRS was a trusted leader in the retail industry.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Epicor Software

Austin, Texas, United States

Category Company
Founded 1972
Sector Software
DESCRIPTION

Epicor Software is a global provider of industry-specific enterprise software to industrial-focused sectors. Epicor serves as a trusted partner for thousands of companies worldwide across key industries such as manufacturing, distribution, and retail. Epicor Software was founded in 1972 and is based in Austin, Texas.


DEAL STATS #
Overall 2 of 22
Sector (Software) 2 of 11
Type (Add-on Acquisition) 2 of 20
State (New York) 1 of 3
Country (United States) 1 of 13
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-18 Scala Business Solutions N.V.

Amsterdam, Netherlands

Scala Business Solutions N.V. offers enterprise resource planning (ERP) software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-11 Activant Solutions

Livermore, California, United States

Activant Solutions Inc. is a technology provider of business management solutions serving mid-market retails and distributors. Activant provides customers with industry-specific software, professional services, content, supply chain connectivity, and analytics. Activant’s systems are designed to help customers increase sales, boost productivity, operate more cost-efficiently, improve inventory turns and enhance trading partner relationships. Activant has operations in California, Texas, Colorado, Illinois, Pennsylvania, South Carolina, Canada, Ireland and the United Kingdom.

Buy -

Seller(S) 1

SELLER

Accel-KKR

Menlo Park, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.


DEAL STATS #
Overall 1 of 54
Sector (Software) 1 of 23
Type (Add-on Acquisition) 1 of 28
State (New York) 1 of 2
Country (United States) 1 of 44
Year (2005) 1 of 1
Size (of disclosed) 13 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-11 DataNow

Twin Falls, Idaho, United States

DataNow LLC is a provider of financial management and Customer Information Systems (CIS) software solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-10 Alias Systems

Toronto, Ontario, Canada

Alias Systems Corp. is a team of expert scientists exploring and creating technologies to help improve design and its role in society through high-level projects and collaboration with leading research universities worldwide.

Sell $182M