Epicor Software Inc. said Monday it plans to buy Quebec-based NSB Retail Systems PLC for $322.9 million.
Publicly traded NSB makes retail software for apparel, shoe and specialty retailers. Its customers include Irvine-based St. John Knits International Inc., Mervyn’s LLC and Donna Karan International.
Epicor is set to pay $155 million in cash and the rest in credit. The company expects the deal to close in the first quarter.
Epicor makes accounting and other software that integrates data from production, distribution, accounting, sales, marketing and customer support. In 2006, it made a big move into retail software that runs cash registers and other store operations.
The company’s shares fell 3% on the news with a market value $660 million.
