IFLR1000

Koch Equity Development $2 billion stake in Infor

16/11/2016
Private acquisition
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$ 2 billion

Announced

16/11/2016

Overview:

  • Koch Equity Development has acquired a $2 billion stake in enterprise software company Infor.
  • KED is the investment arm of Koch Industries.
  • Current stakeholders Golden Gate Capital and Summit Partners will keep control of the company.
  • The deal is expected to close in early 2017.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:
Gibson Dunn & Crutcher

Party: Infor (Target)

Lawyer: Dennis Friedman

Jones Day

Party: Koch Equity Development (Acquirer)

Lawyers: Bill Rowland, Bryan Davis, Daniel Michaels

Kirkland & Ellis

Party: Summit Partners (Shareholder)

Party: Golden Gate Capital (Shareholder)

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