Koch Industries has completed the acquisition of the remaining portion of Infor from Golden Gate Capital. Infor, a global provider of business cloud software specialized by industry, has been a key component of Koch’s technological transformation.
The acquisition bolsters Infor's resources and potential customer base at a crucial moment for global industries, which are turning to cloud and digital transformation solutions to enable critical responses to the unprecedented challenges of the COVID-19 pandemic.
In addition to being an investor since 2017, Koch has been a key customer, implementing Infor solutions across its businesses in areas such as enterprise resource planning, human resources, supply chain, asset management and finance.
Koch companies have made more than $26 billion in technology-related investments in the past 6 years, transforming a global portfolio of businesses spanning multiple industries.
The acquisition brings new key capabilities to Koch to accelerate digital transformation, while providing Infor with resources and industry knowledge to continue growing its expertise in mission-critical software for industries such as manufacturing, retail and distribution, among others. Additionally, Infor’s healthcare operations platform and interoperability solutions extend Koch’s involvement in healthcare, where Koch companies are already engaged in connected device manufacturing, medical product purification, and hospital supplies.
Infor is now a standalone subsidiary of Koch Industries, and continues to operate under the company’s current management team from its headquarters in New York City.
“Joining Koch Industries is an exciting new chapter in Infor’s history,” said Kevin Samuelson, CEO of Infor. “It allows us to take a long-term approach, focused on developing industry-specific solutions that help customers modernize and drive immediate, tangible impact.”
Terms of the deal were not disclosed. To learn more, visit www.infor.com.