Infor had not released revenue numbers since it did so unexpectedly in June for its fourth fiscal quarter. But a press release regarding the investment said the company has $2.8 million in annual revenue with more than 15-percent annual growth in license revenue, along with profit margins of more than 28 percent. Besides increasing equity, the company reduced debt by more than $600 million and extended financing with debt carrying an average maturity date of 2018. Golden Gate, which has funded Infor for 10 years, said the recent round was its biggest investment to-date. Lawson Software's webpage noted that the merger was accompanied by the pricing of $1.015 billion in 9 percent senior notes due 2019 and €250 million aggregate principal amount of 10 percent senior notes due 2019 to refinance existing debt and for purchase of Lawson's 11 percent notes due 2018. There was no breakdown on the equity investment or an exact figure. The most that can be said is that the investment funds registered some hefty equity offerings last fall, $3.5 billion for Golden Gate funds and $300 million for Summit. Whatever the case, Infor has become a much different company since CEO Charles Phillips came over from Oracle 18 months ago and populated much of his team with Oracle alums. The old Infor would not have handed out so much financial information.