Clearwater International advises KKR and management on the acquisition of Exact Software

Clearwater International advises KKR and management on the acquisition of Exact Software

Clearwater International has advised KKR, a leader in global investment, and management, on the acquisition of Exact Software (Exact), a leading provider of business and accounting software, from Apax Partners.

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit, with strategic partners that manage hedge funds.

Exact is a leader in business and accounting software in the Benelux region, employing 1,400 people across 21 offices, within 12 countries. The company’s solutions support 6,700 accountants to manage the finances of over 400,000 small businesses in the cloud. Its mid-market enterprise resource planning (ERP) solutions are also used by over 18,500 mid-sized firms, with a choice of cloud or on-premise deployment. Exact’s integrated software suite includes financial management, logistics, CRM, HR, and payroll.

With KKR as a new shareholder, Exact will focus on further growth, organic and by acquisitions.

  • Image of KKR & Management Company Logo
    acquired
    Image of Exact Software Company Logo
    from
    Image of Apax Partners Company Logo
    Buy-side
    Undisclosed
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    Clearwater Advisers

    Adviser to KKR and mangement on the acquisition of Exact Software

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