Epicor
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| Type | Privately Held |
|---|---|
| Industry | Computer software |
| Founded | 1972 |
| Headquarters | Livermore, California |
| Key people | Pervez Qureshi, President and Chief Executive Officer (CEO). L. George Klaus, Chairman.[1] |
| Products | ERP Software, Retail Software, SaaS ERP |
| Revenue | Over $800M USD (CY 2010 combined revenues for Epicor and Activant) |
| Employees | 4,000 (2011) |
| Website | www.epicor.com |
Epicor Software Corporation (recently combined with Activant Solutions Inc.) is a company selling business software to the manufacturing, distribution, retail and services industries. Epicor claims to have more than 33,000 customers in over 150 countries. [2]
In 2011, Apax Partners acquired Epicor Software Corporation and Activant Solutions to grow the company from 2,800 employees to 4,000 employees located around the globe.[3] Following are some of the company's notable acquisitions/divestitures:
- 1997 - Acquired Clientele Software Inc. (Clientele is a CRM solution for managing customer-centric processes, with modules for support, sales, marketing and self-service)
- 1998 - Platinum Software Corporation and DataWorks Corporation merger extends company's manufacturing ERP offering
- 2001 - Sold Platinum for Windows (PFW) to Best Software, which was the name then used by the US branch of Sage Software
- 2002 - Acquired e-procurement and sourcing solutions from Clarus Corporation[4]
- 2003 - Acquired ROI Systems of Minneapolis MN and the Manage 2000 ERP Package
- 2004 - Acquired Scala Business Solutions expanding company's global presence to 140+ countries
- 2005 - Acquired CRS Retail Systems, Inc. adding point-of-sale solutions to its retail offering
- 2008 - Epicor Completes Acquisition of NSB Retail Systems
- 2010 - Acquired Spectrum Human Resource Systems Corporation of Denver CO
- 2011 - Acquired by Apax Partners, merging with Activant Solutions to create Epicor Software Corporation [5]
The Epicor 9 product has been recognized by Gartner as a “Visionary” ERP product and platform[6], and from a new software license perspective, Epicor has been growing faster than almost any other enterprise software company. Similarly, Activant is rated by RIS as the #1 software vendor for mid‐size retailers, is widely regarded as a de facto standard in numerous vertical markets and is in use by up to 60 of the top 100 distributors in each of distribution’s key market segments. [7] [8]
Global Presence
Epicor has a global presence with over 33,000 customers in more than 150 countries. Epicor provides 24/7 global support in more than 30 languages. [9]
In 2008, Epicor launched Epicor 9[10], an attempt to unify the previously diverse Epicor range into one coherent ERP system with distinct modules. This replaced Epicor Vantage, Epicor Vista, Epicor Scala and portions of Epicor Enterprise.
Legal issues & Lawsuits
Epicor is currently defending itself against multiple lawsuits from some of its customers, namely Whaley Foodservice Repairs[11], ParknPool[12], and most recently, beverage distributor Major Brands[13].
[edit] External links
[edit] References
- ^ "Pervez Qureshi Named as Chief Executive Officer of Epicor". 2011-05-23. http://www.epicor.com/MRCPR/Epicor-CEO-Appointment-NR-0511.pdf. Retrieved 2011-05-24.
- ^ "Epicor Corporate Profile". Epicor Software. http://www.epicor.com/Company/Pages/CorporateProfile.aspx. Retrieved 2011-09-16.
- ^ "APAX PARTNERS COMPLETES ACQUISITIONS OF EPICOR SOFTWARE CORPORATION AND ACTIVANT SOLUTIONS INC.". Apax Partners. http://www.epicor.com/Host/PR/Apax_Partners_Close_Activant_Epicor_Release_Final_051611.pdf. Retrieved 2011-05-16.
- ^ "Epicor Acquires Clarus". eWeek.com. 2002-12-09. http://www.eweek.com/c/a/Application-Development/Epicor-Acquires-Clarus/. Retrieved 2011-01-14.
- ^ "Apax Partners Completes Acquisitions of Epicor Software Corporation and Activant Solutions Inc.". 2011-05-18. http://www.prnewswire.com/news-releases/apax-partners-completes-acquisitions-of-epicor-software-corporation-and-activant-solutions-inc-121952398.html. Retrieved 2011-05-18.
- ^ "Magic Quadrant for ERP for Product-Centric Midmarket Companies". 2010-12-17. http://www.epicor.com/Company/Pages/ERPMagicQuadrant.aspx. Retrieved 2011-05-18.
- ^ "Epicor 9". 2011-05-18. http://www.epicor.com/Products/Pages/Epicor.aspx. Retrieved 2011-05-18.
- ^ "Activant". 2011-05-18. http://www.activant.com/news-and-events/press-releases/press-details.cfml?prid=275. Retrieved 2011-05-18.
- ^ "Selection of ERP-systems for your business - Epicor Software Deutschland GmbH". 2010-012-07. http://www.erp-logistics.com/83/3/5646/epicor-software-deutschland-gmbh.html. Retrieved 2010-012-07.
- ^ "Product Review: Epicor 9 Delivers Next Generation Apps Capabilities Today". 2009-10-24. http://blog.softwareinsider.org/2009/10/24/product-review-epicor-9-delivers-next-generation-apps-capabilities-today/. Retrieved 2009-10-24.
- ^ "Epicor Sued Over Alleged ERP Project Failure". 2011-08-11. http://www.pcworld.com/businesscenter/article/237939/epicor_sued_over_alleged_erp_project_failure.html.
- ^ "Customer Sues Epicor After ERP Software Project Attempt Ends in 'big Mess'". 2011-11-29. http://www.pcworld.com/businesscenter/article/245151/customer_sues_epicor_after_erp_software_project_attempt_ends_in_big_mess.html.
- ^ "Lawsuit Claims Epicor's Two-year Effort Delivered 'useless' Software". 2012-01-13. http://www.pcworld.com/businesscenter/article/248168/lawsuit_claims_epicors_twoyear_effort_delivered_useless_software.html.
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