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New Deal


Announced

CapVest Partners to acquire Kerridge Commercial Systems from Accel-KKR for £800m.

Financials

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Transaction Value£800m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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business management software

United Kingdom

Acquisition

Majority

Private Equity

Friendly

software development

Software

Domestic

Private

Pending

Single Bidder

Synopsis

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CapVest Partners, an international private equity firm, agreed to acquire Kerridge Commercial Systems, an ERP and business management software provider, from Accel-KKR, a technology-focused private equity firm, for £800m. "Accel-KKR has been an exceptional partner to our team, as we have established KCS as the premier global ERP and business management software provider to the distributive trades. As we begin a new chapter with CapVest, we thank Accel-KKR for helping us accelerate our journey," Ian Bendelow, Kerridge Commercial Systems CEO.

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