KKR Fund Acquires Majority Stake in CLM Provider Agiloft
As a part of the deal, FTV Capital will make an additional investment in the company, and JMI Equity, a growth equity firm focused on investing in software companies, will join on as a new investor.
May 30, 2024 at 05:38 PM
2 minute read
Mergers and Acquisitions
California-based contract lifecycle management (CLM) provider Agiloft announced on Thursday that a KKR-managed fund will acquire majority stake in the company.
The financial terms were not disclosed.
Under the terms of the deal, FTV Capital, a growth equity firm and existing investor in Agiloft, will make an additional investment in the company, and JMI Equity, a growth equity firm focused on investing in software companies, will come on as a new investor, according to the release.
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