KKR-managed credit funds and accounts served as lead investor on the debt financing for the recapitalization of Flexera Software, a global company in technology spend and risk intelligence. KKR Capital Markets also served as lead arranger and bookrunner on the transaction.
“We were drawn to Flexera’s strong momentum and scaled global platform that offers critical, simplified IT solutions in a highly fragmented and complex industry,” Bobby Campbell, managing director at KKR, said. “We are pleased to support the team in this recapitalization to position the business for its next chapter of growth.”
KKR was advised on the transaction by Latham & Watkins. Flexera was advised by Kirkland & Ellis.
