Vitruvian Partners Sells Majority Stake in Accountor Software to KKR

Paul, Weiss advised Vitruvian Partners, a leading international investment firm with nine offices in Europe, the U.S. and Asia, on the sale of a majority stake in Accountor Software, a leading provider of mission critical business software in Finland and Sweden, to KKR. Financial terms of the transaction were not disclosed. Vitruvian Partners retained an option to re-invest into Accountor.

Accountor Software is based in Espoo, Finland, and provides cloud financial management and human capital software to over 130,000 customers in the Nordic countries.

The Paul, Weiss team was led by corporate partners Roger Johnson and Andreas Philipson, and includes partner Kanesh Balasubramaniam; antitrust partner Annie Herdman and counsel Lauren O’Brien; tax partners Cian O’Connor and Timothy Lowe; and intellectual property partner John Patten and counsel Alex Zapalowski.