Announced

Completed

Accel-KKR-backed Mercur completed the merger with Aico.

Synopsis

Accel-KKR-backed Mercur, a provider of Corporate Performance Management solutions, completed the merger with Aico, an advanced financial close platform. Financial terms were not disclosed. "CFOs and finance teams today operate in increasingly complex businesses and dynamic environments. Finance professionals need financial software that works hard and works smart – through automation, strong integrations, and complete insight into data – so they can make faster, better decisions and stay one step ahead of business. This partnership brings together two best-of-breed solutions to address the critical needs of modern finance teams," Ulf Alkelin, Mercur CEO.

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