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Charles Phillips

Infor Announces USD1.5 Billion Investment Ahead of Potential IPO

Infor, a global leader in business cloud software specialized by industry, announced an agreement to receive a $1.5 billion investment from shareholders Koch Equity Development, LLC (KED) and Golden Gate Capital. This investment builds on KED’s investment of more than $2 billion in early 2017, and it represents an important milestone as Infor considers a potential IPO in 2019 or 2020, subject to market conditions. “Koch and Golden Gate Capital have been phenomenal partners for Infor, and all of our 17,300…