Koch Industries Makes Big Statement With Infor Acquisition, A $13 Billion Endeavor

The second-largest private company in the US, Koch Industries has completed its acquisition of the remaining portion of Infor from Golden Gate Capital, which it announced in February. While the company never officially announced the details of the buyout, some sources revealed that it was close to $13 billion, making it a contender for the top 10 enterprise acquisitions this year.

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“We are proud to have founded and grown Infor into an industry leader over the past 18 years,” said David Dominik, co-Founder of Golden Gate Capital. “We have enjoyed our partnership with management and Koch Industries and wish the Infor team well in the company’s next era of growth.”

Koch has been an investor in Infor since 2017 as well as a key customer, implementing the company’s cloud software solutions across resource planning, human resources, supply chain, asset management, and finance areas of its business. Additionally, Koch has made more than $26 billion in technology-related investments in the past six years, transforming a global portfolio of companies spanning multiple industries.

This acquisition means that now Infor is a standalone subsidiary of Koch Industries. To date, the company has invested approximately $4 billion in product design and development to deliver industry-specific CloudSuites that solve the most challenging operational issues for over 68,000 customers around the globe.

This also signals 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.

“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.”

Goldman Sachs, Rothschild, and Citigroup Global Market served as financial advisors to Koch, and Jones Day served as legal advisor to Koch. Morgan Stanley, BofA Securities, and Credit Suisse served as financial advisors to Golden Gate Capital, and Kirkland & Ellis LLP and Nob Hill Law Group, P.C. served as legal advisors to Golden Gate Capital.