Announced
Financials
Sources
Tags
Cross Border
Acquisition
Friendly
Single Bidder
Private Equity
Pending
Software
Netherlands
Minority
Private
accounting software
Synopsis
Silver Lake agreed to acquire a minority stake in Exact, a provider of business and accounting software in the Benelux region, from KKR. Financial terms were not disclosed. "Exact fits very naturally into Silver Lake’s strategy of investing in high growth, innovative and world leading technology companies. Paul and the Exact team have achieved a strong growth trajectory, and we have been impressed by the high quality of their best-in-class SaaS solutions," Christian Lucas, Silver Lake Co-Head of EMEA.
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