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Announced

Completed

Accel-KKR completed the investment in Enmark Systems.

Financials

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Transaction Value-
Consideration TypeCash
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Friendly

Private

computer software

Domestic

Software

Majority

Completed

Private Equity

United States

Single Bidder

Acquisition

Synopsis

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Accel-KKR, a technology-focused private equity firm, completed the investment in Enmark Systems, a developer of custom computer software and enterprise resource planning software. Financial terms were not disclosed. “With this announcement, we have reached an important milestone in our company’s history. Metal service centers have unique needs that traditional ERP systems don’t address well, such as complex inventory and high price sensitivity. I founded Enmark in 1983 to specifically address these needs and deliver a powerful solution for our clients. Today, Enmark and ENITEO is the software of choice for metal service centers. I couldn’t be prouder of what we have accomplished, and am very excited for Grant and the entire team for the opportunities that lie ahead," Michael Rybicki, Enmark Systems Owner & President.

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