Cinven Acquires Majority Stake in JAGGAER from Accel-KKR

Vista Equity Partners Acquires JAGGAER from Cinven

August 13, 2024

Cloud & SaaS

Vista Equity Partners has agreed to acquire JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. The transaction, terms undisclosed, positions JAGGAER to continue scaling its AI-enabled JAGGAER One SaaS platform under Vista’s software-focused investment platform; completion is expected subject to customary approvals.

Cinven Acquires Archer

July 10, 2023

Cloud & SaaS

International private equity firm Cinven has agreed to acquire Archer, a leading provider of integrated risk management (IRM) cloud software, from Clearlake Capital Group and Symphony Technology Group. The deal — expected to close subject to regulatory approvals — will support Archer's international expansion and product-led growth as a standalone SaaS platform.

Cinven Makes Significant Investment in Drake Software

February 5, 2021

Software

International private equity firm Cinven has agreed to make a significant growth investment in Drake Software, a Franklin, North Carolina–based provider of professional tax preparation software. The capital will support Drake's technology platform renewal, product enhancement, and market expansion while Jamie Stiles remains CEO; financial terms were not disclosed and the deal is subject to customary antitrust approvals.

Cinven Acquires Majority Stake in Ufinet International

December 21, 2021

Telecommunications

International private equity firm Cinven's Seventh Fund will make a majority investment in Ufinet International for an enterprise value of approximately €2.5 billion. Enel, the incumbent minority co-shareholder, will re-invest a minority stake; the deal supports Ufinet's continued international expansion, network investment and buy-and-build growth across Latin America.

Cinven to Acquire Swedish Insurance Broker Säkra from Adelis

September 6, 2022

Insurance

International private equity firm Cinven has agreed to acquire Säkra, a leading Swedish insurance broker, from majority owner Adelis Equity Partners. Säkra, headquartered in Stockholm, serves over 35,000 SME clients and 115,000 individual customers from more than 60 offices with roughly 350 employees; Cinven plans to accelerate growth through organic initiatives and bolt-on M&A.

Cinven to Acquire INSEEC U.

March 5, 2019

Education

Cinven has agreed to acquire INSEEC U., a leading European private higher education group that operates 16 schools and online programmes and serves roughly 25,000 students annually. Financial terms were not disclosed; Cinven plans to support INSEEC U.'s continued organic growth and international expansion, including development of online education and consolidation of the fragmented private higher education market.