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New Deal


Announced

Completed

Welsh, Carson, Anderson & Stowe completed the acquisition of TrueCommerce from Accel-KKR.

Financials

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

Tags

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Acquisition

Majority

United States

Software

Private

Single Bidder

Friendly

software company

Domestic

Completed

Private Equity

Synopsis

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Private equity firm Welsh, Carson, Anderson & Stowe completed the acquisition of TrueCommerce, a global provider of trading partner connectivity and integration solutions, from Accel-KKR. Financial terms were not disclosed. "Under our ownership, the Accellos-TrueCommerce-HighJump network grew revenues by 19x and completed 11 acquisitions as a clear strategy was executed. Its success is a culmination of the hard work of so many incredible people. We couldn't be happier for the TrueCommerce team, and we are excited to continue to support them and WCAS in their next phase of growth," Jason Klein, Accel-KKR Managing Director.

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