Accel-KKR, a global technology-focused private equity firm, today announced that it has signed a definitive agreement to sell Kerridge Commercial Systems Ltd (“KCS”), an ERP and business management software provider for distributors, wholesalers and related trades, to CapVest Partners LLP (“CapVest”), an international private equity firm. KCS, headquartered in Berkshire, England, provides software to over 32,000 customers across the world in a…
Accel-KKR, a leading technology-focused investment firm with over $10 billion in capital commitments, announced that it has completed the sale of its majority interest in Seequent, a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration, to Bentley Systems, Incorporated, the infrastructure engineering software company, for $900 million in cash considerations and approximately…
Bentley Systems, the infrastructure engineering software company, announced that it has entered into a definitive agreement with investors led by Accel-KKR to acquire Seequent—a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration—for $900 million in cash, subject to adjustment, plus 3,141,361 BSY Class B…