Announced
Completed
Financials
Sources
Tags
Finland
private equity
Private Equity
financial close software
Software
Acquisition
Majority
Private
Private Equity
Cross Border
Completed
Friendly
Single Bidder
Synopsis
Accel-KKR, a global technology-focused investment firm, completed the majority investment in Juuri Partners-backed Aico, an end-to-end financial close software platform. Financial terms were not disclosed. “We have come a long way with Juuri, from a business focused mainly on the local Finnish market to a truly multi-national enterprise SaaS company. I have valued the systematic, hands-on, open, and constructive cooperation with the Juuri team. I am truly excited to have the deep software experience that Accel-KKR will bring to support our management team. We are very pleased to have two experienced growth investors advancing our journey to become a major player in the financial close automation market,” Marko Voutilainen, Aico CEO.
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