KKR to acquire majority ownership in Agiloft

KKR “announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft, a trusted global leader in data-first contract lifecycle management. As part of the transaction FTV Capital, a sector-focused growth equity firm and an existing investor in Agiloft, will make an additional investment in the Company, and JMI Equity, a growth equity firm focused on investing in leading software companies, will join as a new investor in the Company. The investment will help the Company continue to expand as it grows market share, acquires new customers, further innovates product solutions, and extends its world-class standard of customer success.”