Clayton, Dubilier & Rice Acquires Epicor Software Corporation from KKR

CVC Acquires Significant Stake in Epicor, Partnering with CD&R

August 13, 2024

Cloud & SaaS

Funds managed by CVC have agreed to acquire a significant ownership position in Epicor, joining existing investor Clayton, Dubilier & Rice (CD&R) as equal Board partners. Epicor — an Austin-based, industry-specific SaaS ERP provider — will continue to be led by CEO Steve Murphy as the investors support further SaaS migration, product innovation (including AI/BI capabilities) and international expansion.

Cloudera Acquired by Clayton, Dubilier & Rice and KKR for $5.3B

October 8, 2021

Cloud & SaaS

Affiliates of private equity firms Clayton, Dubilier & Rice (CD&R) and KKR have completed the all-cash acquisition of Cloudera for approximately $5.3 billion, taking the enterprise data cloud company private. Cloudera will continue to be led by CEO Rob Bearden and will focus on accelerating product innovation, cloud transformation and customer growth with support from its new owners.

Epicor Acquires KBMax

May 27, 2021

Software

Epicor Software Corporation acquired KBMax, a Configure Price Quote (CPQ) and product-visualization software provider, on May 27, 2021. The deal brings KBMax’s cloud-first CPQ and 3D/AR visualization capabilities into Epicor’s ERP suite to improve sales-to-order workflows, enable new cross-sell opportunities, and support international growth in manufacturing and distribution end markets.

Aubrant Acquires CDM Group (EPIC Software Development)

August 1, 2023

Software

Benchmark International announced it facilitated a transaction between Minnesota-based Aubrant, LLC and New Jersey-based CDM Group, LLC (DBA EPIC Software Development). Aubrant (a custom software and cloud services provider) has combined with CDM to expand development capabilities and client coverage across life sciences, fintech, EdTech and healthtech markets.

Clayton, Dubilier & Rice Acquires Majority Stake in Sirius Computer Solutions

July 1, 2019

IT Services

Clayton, Dubilier & Rice (CD&R) acquired a majority equity interest in Sirius Computer Solutions from funds affiliated with Kelso & Company. The partnership positions CD&R to support Sirius’ continued growth and expand its managed services, cloud, security and solutions offerings while Joe Mertens remains CEO.

Clayton, Dubilier & Rice Acquires Veritiv Corporation

August 7, 2023

Packaging

An affiliate of private equity firm Clayton, Dubilier & Rice (CD&R) has completed the acquisition of Veritiv Corporation for $170.00 per share, valuing the company at approximately $2.6 billion. Veritiv, a leading North American distributor of packaging, JanSan/hygiene and print products headquartered in Atlanta, will become a privately held company under CD&R to pursue accelerated organic and inorganic growth and operational improvements.