Enterprise software provider Epicor has acquired privately held CRS Retail Systems of Newburgh, N.Y., in an all-cash transaction valued at roughly $121 million.The acquisition of CRS, a provider of merchandising and point-of-sale software to the retail industry, adds the retail sector to Epicor's market penetration of enterprise solutions.

CRS currently serves approximately 140 customers worldwide, including 15 of the top 100 specialty retailers such as Coach, J. Crew, Barnes & Noble and Foot Locker.

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