Announced
Completed
Financials
Tags
Private Equity
Private
software development
Single Bidder
Cross Border
United States
Acquisition
Majority
Friendly
Software
Completed
Synopsis
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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