Koch Industries Agrees to Acquire All of Infor

An affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, Inc., has entered into a definitive agreement to acquire the remaining equity stake in Infor held by Golden Gate Capital. Infor will become a standalone subsidary of Koch Industries at the close of the transaction and will continue to operate from its headquarter in New York City with the current management team. Koch has been an investor of Infor since 2017 and is considered a key enterprise partner. With this equity acquirement, Koch intends to quickly position Infor as one of the most well-capitalized companies in technology. Kevin Samuelson, CEO of Infor, says of the purchase, “Koch’s decision to acquire Infor is a strong endorsement of our product strategy and focus on creating innovative solutions for our customers. As a subsidiary of a $110 billion+ revenue company that re-invests 90% of earnings back into its businesses, we will be in the unique position to drive digital transformation in the markets we serve. We are rapidly expanding our industry-specific CloudSuites and offering customer experiences and outcomes that are well beyond what is standard in enterprise software.” Per the press release, “the transaction is subject to customary conditions and regulatory approvals and is expected to close in the first half of 2020. Financial terms of the transaction were not disclosed.”


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