Accel-KKR new majority owner of Mercur

After six years with Sobro as an ownership partner, Mercur has now moved forward with a new majority owner, Accel-KKR, a global software-focused investment firm, through a merger with Accel-KKR’s portfolio company Aico. With Accel-KKR as its new principal owner, Mercur is taking an exciting step into its next growth phase while gaining access to an international platform for continued expansion and development.

Mercur is a leading developer and provider of business performance management and decision-support solutions. Since Sobro became an ownership partner in 2018, the company has grown significantly and strengthened its offering in budgeting, forecasting, reporting, and analysis. With a strong focus on innovation and customer value, Mercur has established itself as a key player for organizations seeking to make better, data-driven decisions.

The ownership transition to Accel-KKR via Aico marks the next stage in Mercur’s development. Aico, which received Accel-KKR as its majority owner last year, is a leading platform for automating the financial close process for large enterprises. By combining Mercur’s expertise in financial planning with Aico’s innovative solutions for financial automation, new opportunities are created for customers to streamline their financial processes.

About Mercur
Mercur provides business performance management and decision-support systems, specializing in solutions for budgeting, forecasting, reporting, and analysis. Mercur helps customers across industries gain full oversight and deep insights so they can grow and achieve strong results.

About Accel-KKR26
Accel-KKR is a global investment firm focused on software companies. With over USD 21 billion in committed capital, Accel-KKR supports companies in their growth and development through strategic investments and operational expertise.

About Aico
Aico is an advanced platform for automating the financial close process, designed for large enterprises. By automating and standardizing financial processes, Aico helps companies achieve faster month-end closes while ensuring data quality and regulatory compliance.

For more information:
Maxim Berglund, Sobro AB
Tel: +46 (0)722-42 11 55
Email: maxim@sobro.se

Ulf Alkelin, CEO of Mercur, comments:
“With Sobro as a partner, we have been able to invest in our product offering, expand into new markets, and build a strong team, which has developed Mercur into one of the leading companies within business performance management and decision support. We now look forward to taking the next step together with Accel-KKR and Aico, who will contribute both experience and resources to accelerate our international growth.”

Maxim Berglund, Partner at Sobro, says:
“Being an ownership partner of Mercur has been a fantastic journey. During our time together, the company has expanded geographically, further developed its offering, and achieved world-class employee satisfaction. We are convinced that Accel-KKR and Aico will be excellent partners for Mercur in the next phase of the company’s growth journey. We thank the entire Mercur team for a great collaboration and look forward to following the continued journey together with the new owners.”