Apax Partners Hold Off On Epicor Sale

After putting Epicor on the selling block in May, Apax Partners is hanging on to the software company — for now — despite bidding interest.

Apax Partners has put a hold on its sale of Epicor Software Systems, according to a recent article by the Wall Street Journal.

The WSJ cites bidding interest for the retail solutions provider, including CVC Capital Partners, but not good enough prices to go ahead with a sale.

Apax put Epicor up for sale back in May, having acquired it in 2011. May estimates had Epicor fetching between $2.5 and 3.5 billion.

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