Combination of Leading Cloud ERP and Leading Supplier Network Creates a Global Commerce Cloud to Redefine Modern Manufacturing
Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced it has completed the acquisition of GT Nexus, the world’s largest cloud-based global commerce platform. The deal was valued at $675 million.
The acquisition of GT Nexus enables Infor to create the first global commerce cloud with end-to-end control and visibility for the production of the products that companies make and deliver to their respective markets. To learn more about Infor and GT Nexus, please visit: http://www.infor.com/gtnexus/
Credit Suisse and Bank of America Merrill Lynch served as financial advisors to Infor in connection with the transaction. Gibson, Dunn & Crutcher LLP and Kirkland & Ellis LLP served as Infor’s outside legal counsel. GT Nexus was advised on the transaction by Morgan Stanley; Wilson Sonsini, Goodrich & Rosati; Cleary Gottlieb Steen & Hamilton LLP and KPMG.
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