Infor and Golden Gate seal deal with SoftBrands

1 min read

Infor and US private equity firm Golden Gate Capital completed their acquisition of manufacturing ERP specialist SoftBrands yesterday.

The deal means even more ERP and supply chain software options from the Infor stable, for both SoftBrands and Infor customers. It also means an evern greater portfolio to manage and to streamline for the Infor management team – although they have proved themselves very capable in the past, and do have powerful IT and business infrastructures to make it happen. Infor comments merely that "manufacturing customers will have access to a broader array of enterprise solutions that improve efficiency and provide significant ROI". Softbrands, which had seen its share price tumble 80% since last September, has fully recovered since the Infor and Golden Gate announcement. For manufacturing customers, this is the best news they could have hoped for: without a rescue from this kind of organisation, it's easy to imagine the problems they might have faced – not so much in terms of support, but ongoing development.