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DLA Piper advises Accel-KKR on its investment in Kimble Applications

09 Mar 2018

DLA Piper has advised Accel-KKR, a leading Silicon Valley technology focused investment firm, on its investment in Kimble Applications, the global leader in professional services automation (PSA). The deal was completed on 6 March 2018.

Kimble, a SaaS-based software built on the Salesforce Platform, enables professional services firms to manage their businesses, delivering efficiency, scalability and forward visibility. Not only does it provide users real-time information to help identify underlying business issues, it is the first PSA software to integrate augmented intelligence into its analytics, allowing customers to identify patterns in performance data and recommending likely remedies.

Commentating on the transaction, Corporate partner Anu Balasubramanian, said: ""We are delighted to have acted on this exciting investment for Accel-KKR, which brought together our experienced equity investment practice and our sector-specific professionals to execute a successful transaction for our client.""

The London-based DLA Piper team was led by Corporate partner Anu Balasubramanian with assistance from Intellectual Property & Technology partner Anthony Day, Corporate senior associate John Pryor and Corporate associate Ben Simon.

Matter Type
M&A: Acquiror's Counsel
Industry
Fund/Investment Management
Technology, Media & Telecoms
News Category
M&A