Kendall Law Group Investigates Epicor Software for Shareholders

Kendall Law Group, led by former federal judge Joe Kendall, is investigating Epicor Software Corp. (NASDAQ: EPIC) for shareholders in connection with the proposed acquisition by Apax Partners LLP. The national securities litigation firm is investigating whether a fair process was used prior to entering into the merger agreement and whether the Board of Directors breached their fiduciary duties by not seeking a deal that would provide better value of the Company. If you are an EPIC shareholder and would like additional information about your rights, you are urged to contact the Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On April 4, 2011 the companies announced that the companies have entered into a definitive merger agreement under which Epicor would be acquired by Apax in a transaction valued at approximately $976 million. Under the terms of the agreement, Epicor stockholders will receive $12.50 in cash for per EPIC common stock owned. Because this offer represents only 11.2% premium over the closing price on April 1, 2011, the firm believes the transaction significantly undervalues the company. Apax also plans to purchase Activant Solutions Inc. and merge the two companies. The combined company will be Epicor Software Corporation, which will not be publicly traded.

Kendall Law Group, founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in many merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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