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Announced

KKR to acquire a majority stake in Accountor from Vitruvian Partners.

Synopsis

KKR, a global investment firm, agreed to acquire a majority stake in Accountor, a provider of mission critical business software in Finland and Sweden, from Vitruvian Partners, a global private equity firm. Financial terms were not disclosed. "We are delighted to welcome KKR as our new strategic partner. KKR is one of oldest, largest and most successful global investment firms and its investment in Accountor is a testament to our track record of achieving profitable growth through delivering world class and mission critical solutions to our customers. We are grateful for the active and invaluable support we have received from Vitruvian over the last couple of years in accelerating our growth journey to become one of the leading financial and HR management software businesses in the Nordics. We look forward to continuing our journey with KKR’s support," Mikko Soirola, Accountor Software CEO.

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