Infor, a provider of business applications specialised by industry and built for the cloud, has announced it has completed the acquisition of GT Nexus, the cloud-based global commerce platform. The deal was valued at $675 million.
The acquisition of GT Nexus enables Infor to create the first global commerce cloud with end-to-end control and visibility for the production of the products that companies make and deliver to their respective markets.
Credit Suisse and Bank of America Merrill Lynch served as financial advisors to Infor in connection with the transaction. Gibson, Dunn & Crutcher LLP and Kirkland & Ellis LLP served as Infor’s outside legal counsel. GT Nexus was advised on the transaction by Morgan Stanley; Wilson Sonsini, Goodrich & Rosati; Cleary Gottlieb Steen & Hamilton LLP and KPMG.
