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Announced

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KKCG completed the acquisition of Avenga from Oaktree Capital and Cornerstone.

Synopsis

KKCG, a European investment and innovation group, completed the acquisition of Avenga, an end-to-end software engineering and consulting platform, from private equity firms Oaktree Capital and Cornerstone. Financial terms were not disclosed. “Avenga bolsters KKCG’s presence internationally and seamlessly complements KKCG’s custom software development company Qinshift, making KKCG Technologies one of Europe’s largest digital transformation architects, catering to a diverse global client base,” Michal Tománek, KKCG Investment Director.

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