In the last month, the acquisition of Endalia, HR software, by Accel-KKR has been agreed. Baker Tilly Corporate Finance advised the Accel-KKR team on its first investment in Spain.
Through the acquisition of the platform, Accel-KRR seeks to drive Endalia's growth via a Buy and Build strategy across Spain.
Based in Zaragoza, Endalia is a leading provider of HCM and Payroll SaaS solutions. The investment enables Endalia to continue to provide a world-class HR software product to its existing customer base, as well as to accelerate growth through a professionalised go-to-market strategy complemented by future growth opportunities. M&A activities.
Accel-KKR is one of Europe's most active software private equity firms. Since 2013, when it established its European presence, it has completed 52 investments in the EMEA region.
In the HCM and payroll software sector, Accel-KKR has completed more than 25 investments making it well positioned to support Endalia's strategy of pursuing both organic and inorganic growth opportunities.
Baker Tilly has advised Accel-KRR in negotiations with the company's management team. Diego Gutiérrez, as a partner specialising in the technology sector, led the team.
Baker Tilly Corporate Finance has a team specialising in M&A and has consistently ranked in the top 10 in the mid and small market at international, European and Spanish level.
Baker Tilly International's corporate finance services include advising on cross-border transactions for clients doing business in multiple locations. Baker Tilly's network extends across 145 territories, with 34,700 people working in more than 746 offices.
Bakertilly International is an international business professional services network specialising in advisory, consulting, auditing, tax and legal, accounting, labour and management services for SMEs and multinational companies.