Announced
Financials
Sources
Tags
Private
Cross Border
Software
Private Equity
Majority
Single Bidder
Pending
Ireland
Friendly
business management software
Acquisition
Synopsis
AKKR-backed Kerridge Commercial Systems, a developer of a software platform, agreed to acquire RNH Solutions, a developer of business management software. Financial terms were not disclosed. "As a close and long-standing partner of ours, it made perfect sense to bring together the two organisations as we plan to expand our business in the Republic of Ireland. The RNH team have a great business, they understand their customers and the market intimately and know our products inside out. Now, as a full part of KCS with access to still more resources and solutions, I’m excited to see the opportunities accelerate as we offer customers, present and future the innovation that they need in a changing world," Ian Bendelow, KCS CEO.
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