Acquisition by SoftwareONE of Comparex.

Acquisition by SoftwareONE, a portfolio company of Kohlberg Kravis Roberts, of Comparex, a Germany-based information technology services provider. Financial terms were not disclosed. By coming together, Comparex will enhance SoftwareONE’s customer offerings by combining industry leading talent, expertise and capabilities. Following the combination, SoftwareONE will help customers optimize and manage an estimated €10 bn in software purchases. The combined company will have an expanded global reach across 88 countries, allowing customers to receive on-the-ground, local-language support wherever they operate, from more than 5,500 employees. A comprehensive services and solutions portfolio, driven by proven and continued investment in innovation, will provide customers with more advanced solutions, including SoftwareONE’s PyraCloud, an industry-leading platform for digital software supply chain management.