Announced
Financials
Sources
Tags
business management software
United Kingdom
Acquisition
Majority
Private Equity
Friendly
software development
Software
Domestic
Private
Pending
Single Bidder
Synopsis
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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