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Announced

Completed

Accel-KKR-backed Kimble completed the merger with Mavenlink.

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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Private Equity

Private

software development

Single Bidder

Cross Border

United States

Acquisition

Majority

Friendly

Software

Completed

Synopsis

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Accel-KKR-backed Kimble, a cloud-based PSA software application, completed the merger with Mavenlink, a software firm. Financial terms were not disclosed. "For over three years, Accel-KKR has been Kimble's partner as we've worked to expand our product line and extend our global sales and service capabilities. We are excited to take this next major step with Accel-KKR and Mavenlink as we create a company that will deliver innovative cloud-based technology, expertise, and value to professional services organizations globally," Sean Hoban, Kimble CEO.

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