Over the last few weeks investment in ERP software has been increasing. The latest rumour (Source:Reuters) is that Infor is the latest in a line of companies sold or resold. It seems like private equity firms believe that there is money to be made in ERP software. According to Allied market Research the global ERP software market is set to grow 7.2% each year until 2020 when it will reach $41.69 billion.
The last year has seen several deals commence that should complete before the end of 2016. In December 2016 EQT made a bid for IFS, the Swedish ERP software company. While the initial bid saw only 84% snapped up, a revised offer was recently agreed with the hold out investor. This should see IFS taken private within a matter of weeks. Oracle made a bid for NetSuite, valuing the company at $9.3 billion in July. That purchase has since been delayed with one investor, T Rowe Price group saying that the bid is not high enough. In July this year Apax partners sold Epicor to KKR in a deal said to be worth $3.3 billion (Source: Bloomberg).
