March 2018

Transaction Background

Kimble is a sector leading, award winning professional services automation software company. Its fully integrated and adaptive SaaS solution built on the Salesforce platform enables professional services firms to manage their businesses, delivering efficiency, scalability and forward visibility.

Kimble serves hundreds of clients globally out of UK and US offices with deep, embedded and growing blue chip client relationships such as Kainos, Iron Mountain and Canon.

Over the past year the company has been included in Deloitte’s Technology Fast 500 list for Europe, Asia and the Middle East as well as on the Hiscox Sunday Times Tech Track 100 list.

Headquartered in Menlo Park California, Accel-KKR is a technology-focused investment firm with $4.3 billion in capital commitments, focusing in particular on software and IT-enabled businesses. By investing in Kimble, AKKR continues its track record of partnering with preeminent international growth stage technology business.

Our Role

JEGI | CLARITY advised the shareholders of Kimble on all aspects of the transaction.

We were responsible for preparing the business for investment, identifying and managing discussions with potential partners in Europe and across North America, as well as the overall planning and orchestration of the transaction process.

Ultimately, we delivered a deal that exceeded the expectations of our client and secured an outstanding outcome for both the existing investors and the management team who retain a significant stake in the business.

“The JEGI | CLARITY trans-Atlantic team were outstanding from start to finish. From identifying and engaging prospective investors to managing multiple parties on the West and East US coasts as well as in Europe and finally ultimately delivering us a fantastic deal and partner.  I could not recommend them highly enough.”

Sean Hoban
Chief Executive Officer, Kimble Applications