DLA Piper Martínez Beltrán and Goméz-Pinzón advised on the deal
Siigo has secured a substantial investment from Accel-KKR, a leading Silicon Valley technology focused investment firm.
The investment from Accel-KKR combined with expertise will allow Siigo to accelerate product innovation and further its leadership position in Colombia. It will also provide opportunity to expand operations to the Andean and Central American Regions
Siigo has over 100,000 clients in the Colombian market and has grown significantly over the last decade.
Siigo is the leading accounting and administrative software solution in Colombia. They serve over 100,000 clients and more than 15,000 accountants. Their solutions include accounting, payroll, invoicing, inventory management and as well manages the finance, accounting and administrative aspects of small and mi-sized businesses.
Accel-KKR is a technology-focused investment firm with $4.3 billion in capital commitments. The firm focuses on software and IT-enabled businesses well-positioned for topline and bottom-line growth.
DLA Piper Martínez Beltrán advised Accel-KKR with Néstor Camilo Martínez (Picture), Andrés Afanador and Natalia Becerra.
Goméz-Pinzón advised Inversiones en Tecnologías de la Información S.A.S – INVTECINF S.A.S with Lina Uribe García, María Fernanda Restrepo and Álvaro Rueda Cotes.
Involved fees earner: Camilo Martinez Beltran – DLA Piper Martínez Beltrán; Andrés Afanador – DLA Piper Martínez Beltrán; Natalia Becerra Torres – DLA Piper Martínez Beltrán; Lina Uribe-García – Gómez-Pinzón Zuleta Abogados; María Fernanda Restrepo Centeno – Gómez-Pinzón Zuleta Abogados; Alvaro Rueda Cotes – Gómez-Pinzón Zuleta Abogados;