Cuatrecasas counsels Accel-KKR on Endalia majority acquisition

Cuatrecasas has counselled Private Equity fund Accel-KKR on its majority investment in Spain´s HR software company Endalia

Endalia, a leading provider of human capital management and payroll software services headquartered in Zaragoza, has received a majority growth investment from Accel-KKR, a leading global software investment company headquartered in Silicon Valley.

The Accel-KKR Private Equity fund, created by Accel, Silicon Valley’s leading venture capitalist is an investor in companies such as Facebook, Spotify and Dropbox, in partnership with KKR, the second largest private equity firm.

The investment, aimed at strengthening the company’s position and stimulating expansion opportunities through mergers and acquisitions in the domestic market, is the second that the Venture Capital fund manager has made in the country.

Endalia is a pioneering, fully integrated, cloud-based solution aimed at medium-sized companies in the Spanish market. The company’s HCM (Human Capital Management) solutions include, among others, organisation management, training, recruitment, performance, professional development, compensation and benefits, holidays and absences, time, travel and expense recording, workflow management and internal communication. In addition, they are fully integrated with payroll, providing a comprehensive solution for companies.

Cuatrecasas advised Accel-KKR with a Madrid office M&A comprising partner Mariano Úcar (pictured left) and associates Alejo Ortuño y Sofia Lluch. Acquisiction Finance advice was provided by partner Agustín Cerdá (pictured right) and principal associate José Magán.

Cuatrecasas counsels Accel-KKR on Endalia majority acquisition

Desire Vidal

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram