Kerridge Commercial Systems
Having enjoyed a successful period of growth over the last five years with the support of NVM Private Equity (NVM), KCS has now partnered with Accel-KKR to support the existing management team and their continuing strategy. Liberty Corporate Finance advised the management team, led by chief executive, Ian Bendelow, on the investment terms agreed with Accel-KKR.
Its products evolve from taking best practice across multiple sectors and, with the progressive adoption of market-leading technologies, delivering the maximum value to its customers.
Ian Bendelow commented:
“Over the last five years we have grown from 130 people to 330 people, significantly invested in our products and customer service, expanded our capabilities and capacity, and added even more value to our growing number of customers.”
He added:
“Accel-KKR are a technology focused investor and, with their backing, we look forward to taking our business on to an even higher level - delivering accelerated technology adoption, advanced cloud solutions, and extensive professional services and support, to our current and prospective customers, across a greater geographic reach.”
"Commenting on the role played by Liberty Corporate Finance in the process, Ian said “Mick and his team supported us throughout the process to ensure a smooth process and the right outcome for everyone”.