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New Deal


Announced

Completed

KKR completed the acquisition of Exact Software from Apax Partners.

Financials

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Transaction Value£1,448m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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business software

Private

accounting software

Acquisition

Private Equity

Friendly

Completed

Netherlands

Software

Majority

Single Bidder

Synopsis

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KKR completed the acquisition of Exact Software, a provider of business and accounting software in the Benelux region, from Apax Partners. “We have known Phill and the Company for many years, and have been impressed with the growth they have achieved generally and in particular with Exact Online, one of Europe’s leading multitenant cloud software products. We are hence very excited to work with them for the next stage of Exact’s development and growth,” Jean-Pierre Saad, KKR Managing Director.

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