Announced

Avetta to acquire Pegasus from Accel-KKR.

Synopsis

Avetta, a provider of supply chain risk management software, agreed to acquire Pegasus, a provider of worker competency management software and services, from Accel-KKR. Financial terms were not disclosed. The combination will help accelerate Avetta’s global growth strategy and is expected to create the largest provider of supply chain risk management and compliance solutions, with nearly 170k suppliers and 4m managed workers.

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