Infor provides industry-focused enterprise cloud software including ERP, CRM and supply‑chain asset management and has shifted aggressively to the cloud over the last five years. The company reports more than 17,000 employees, 68,000 customers across 100+ countries and generated $3 billion in revenue in 2018; more than 70% of revenue now comes from cloud products. Infor has grown rapidly through an acquisition strategy and tailors suites to specific industry needs rather than broad generic ERP. Management is preparing for a potential IPO in the next 12–24 months and says additional investments before going public are possible. The company carries substantial debt—about $6.1 billion—and plans to use new capital to pay down that leverage. CFO Kevin Samuelson said the paydown plus cash flows and estimated IPO proceeds should provide leverage levels consistent with recent successful IPOs. Infor builds business software tailored to specific industries and delivers those enterprise applications in the cloud. Its core product set targets industry-specific workflows and is positioned for cloud deployment. The company reports about 15,000 employees and more than 90,000 customers across over 170 countries. Infor says the recent capital infusion will be used to accelerate innovation, expand distribution, and continue disrupting the enterprise applications industry. Existing shareholders include Golden Gate Capital, Summit Partners, and company management. The announcement frames the investment as validation of Infor’s strategy and growth.

Total raised

$3.5B

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2019