Tuesday, May 12, 2015

Epicor Plans Spinoff Led By Denver Exec Noel Goggin

Business software maker Epicor said Monday that it plans to spin its Retail Solutions Business into a separate, privately held company, led by longtime Denver executive Noel Goggin. Goggin, who is Executive Vice President and General Manager of Epicor's Retail Solutions Business, was the co-founder of Denver-based Storeperform Technologies, before it was acquired by RedPrarie in 2006. Epicor hired away Goggin from RedPrarie in late 2013. Epicor said the new, yet-to-be-named spinoff is backed by Apax Partners. The companies did not say where that new spinoff will be headquartered.