Cuatrecasas, Morales Besa and Brodies advised Accel-KKR on the deal. Norgestión advised Endalia SL
Private equity fund Accel-KKR completed the acquisition of a majority stake in Endalia. The investment, which will strengthen Endalia’s positioning in Spain, is the second that the equity fund manager has made in this country.
Endalia is a leading provider of human capital management and payroll software services headquartered in Zaragoza.
The Accel-KKR Private Equity fund, created by Accel, Silicon Valley’s leading venture capitalist is an investor in companies such as Facebook, Spotify and Dropbox, in partnership with KKR, the second largest private equity firm.
The Cuatrecasas team advising Accel-KKR included lawyers Mariano Úcar (Picture), Alejo Ortuño and Sofia Lluch (M&A) and Agustín Cerdá and José Magán (Acquisition Finance).
In Chile, Morales & Besa advised Accel-KKR with Michel Diban G., Sebastián Nieme S. and Ignacio Vargas.
In Scotland Brodies advised Accel-KKR
Norgestión advised Endalia SL in Scotland.
Involved fees earner: Agustín Cerdá – Cuatrecasas; Sofia Lluch Ponce – Cuatrecasas; José Magán – Cuatrecasas; Alejo Ortuño Balius – Cuatrecasas; Mariano Ucar – Cuatrecasas; Michel Diban G. – Morales & Besa; Sebastián Nieme S. – Morales & Besa; Ignacio Vargas – Morales & Besa;
Clients: Accel-KKR LLC;