Epicor Software Corporation announces that it is now a part of leading global investment firm KKR. The company lately announced that it has entered into a definitive agreement of getting procured by the global investment firm KKR from funds advised by Apax Partners.
With immediate effect, Joe Cowan is known to continue as President and CEO of Epicor and has aligned the executive leadership team to take Epicor into this next phase of growth.
Alongside, the company has also announced new and expanded roles for several members of its executive leadership team which includes:
- Kathy Crusco is taking on an expanded role as Chief Operating Officer (COO) while retaining her current responsibilities as Chief Financial Officer and Executive Vice President. As COO she will lead the Company’s customer support and human resources divisions as well as having other functions reporting directly to her.
- Celia Fleischaker expands her role as Chief Marketing Officer and Executive Vice President beyond corporate marketing to include field marketing, teleprospecting, and product marketing.
- Himanshu Palsule will drive growth and innovation as Chief Product and Technology Officer and Executive Vice President, expanding his responsibilities to include leading product management in addition to product development, tools and technology.
The new establishments are sought to spur growth globally, streamline individual roles, foster channel-front business and develop shared service capabilities.
“With the acquisition now complete, we look forward to continuing the great work already underway with the Epicor leadership team and to help accelerate the company’s global growth plans through strong products, partners and customer solutions,” said Herald Chen, Member of private equity and Head of Technology at KKR.