Epicor To Acquire Cbc Computer Systems And Its Industry-Leading Decor Fusion Pos Software To Help Retailers Transform Their Businesses

Sep 30, 2021•almost 4 years ago

Acquiring Company

Epicor

Acquired Company

CBC Computer Systems

New YorkSoftware

Description

Epicor, a global leader of industry-specific enterprise software to promote business growth, announced today that it has entered into an agreement to acquire CBC Computer Systems and its industry-leading Decor Fusion Point-of-Sale software for Paint and Decorating retailers. Financial terms of the agreement were not disclosed. The transaction is expected to close by Oct. 4, 2021.

Company Information

Company

Epicor

Location

New York, New York, United States

About

Epicor Software Corporation equips hard-working businesses with enterprise solutions that keep the world turning. For nearly 50 years, Epicor customers in the manufacturing, distribution, LBM, retail, and automotive industries have trusted Epicor to help them do business better. Epicor’s innovative solution sets are carefully curated to fit customer needs and built to respond flexibly to their fast-changing reality. With deep industry knowledge and experience, Epicor accelerates every customer’s ambitions, whether to grow and transform, or simply become more productive and effective.

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M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed