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Announced

Completed

Accel-KKR Credit Partners, Centre Lane, and Wells Fargo led a $67m funding round in Salary.com.

Financials

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Transaction Value£48m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Private Equity

Friendly

Private

Venture Capital

SaaS provider

Domestic

Completed

Software

Minority

Synopsis

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Accel-KKR Credit Partners, Centre Lane, and Wells Fargo led a $67m funding round in Salary.com, a SaaS provider of compensation market data, software, and analytics. H.I.G. Capital and Salary.com management also participated in the round. "Salary.com created the compensation technology category in 1999 and continues to lead the industry in bringing innovations to the field under the steady hand of the original team, a plus in an industry that has seen much upheaval and consolidation. We're excited to support the company's future growth and next wave of innovation," Todd Ofenloch, H.I.G. Capital Managing Director.

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