According to the Wall Street Journal, Epicor Software Corporation is for sale.
Private-equity firm Apax Partners acquired the software company in 2011, and just last fall recruited Joe Cowan to lead Epicor. Cowan was previously the CEO of Online Resources and Interwoven.
The WSJ says that Apax is working with Jefferies Group LLC to seek buyers, and that "Valuations for the company differ, but people around the deal say Epicor could fetch between $2.5 billion to $3.5 billion, including debt."
To read the full article at WSJ, please click here.