One of the major points of focus for the company, which counts no less than 56% of Electrical Wholesaling's Top 200 electrical distributors as customers, has been transitioning customers to its suite of cloud-based software products. According to the Epicor press release announcing the acquisition, over the past four years under KKR's ownership, Epicor's executive team, led by Chief Executive Officer Steve Murphy, has driven growth through a combination of organic investments and strategic acquisitions. A series of new software releases has led to a sales mix that enjoys 73% recurring revenue. This includes a SaaS (software as a service) business growth rate of 60% year-to-date, the press release said.