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A company I once worked at was taken private by a private equity firm. One of the first initiatives this firm kicks off upon closing an acquisition is moving th
by wahern 4y ago
A company I once worked at was taken private by a private equity firm. One of the first initiatives this firm kicks off upon closing an acquisition is moving the company to Oracle for ERP. It can take years and many millions of dollars (as it did in this case--the company was built around an in-house sales and order system), but it's part of their playbook. I have no idea if it's truly worth the cost, but that equity firm surely believes so.
- PeterisP 4y agoIf you postpone the transfer, then it simply costs more, as you've put more effort on the in-house system that you'll throw away.