News Formal

Accel-KKR’s Humanforce to acquire AirTree-backed software company

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 90%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Tech sector M&A is continuing to heat up, and the latest deal will result in one of AirTree Ventures’ portfolio companies heading to a new owner.

A continues to heat up thanks to the tight capital markets, with the latest deal seeing one of AirTree Ventures’ portfolio companies headed to a new owner.Humanforce, majority owned by renowned Silicon Valley-based private equity investor Accel-KKR,Humanforce CEO Clayton Pyne has made his first acquisition since Accel-KKR bought a majority stake in the business in May.

“It’s no secret that growth is always valued, but profitability is now the big game in town. We have a strong, profitable and growing business at Humanforce, and we see an opportunity to lean in and be a force in the consolidation of the market.”will stay on as a consultant with the business for a few months to aid the transition, but will then exit the business. The company will also undertake a strategic review of the business and assess where there could be staffing double-ups.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 2. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Accel-KKR’s Humanforce to acquire AirTree-backed software companyTech sector M&A is continuing to heat up, and the latest deal will result in one of AirTree Ventures’ portfolio companies heading to a new owner.
Fonte: FinancialReview - 🏆 2. / 90 Leggi di più »