KKR has completed its acquisition of a majority stake in apexanalytix (apex), a provider of supply chain risk management software and services. Following the purchase, apex’s largest prior shareholder, Carousel Capital (Carousel), a private investment firm that invests in companies located in the Southeastern United States, continues to hold a significant minority stake in the Company alongside KKR.
KKR has completed its acquisition of a majority stake in apexanalytix (apex), a provider of supply chain risk management software and services. Following the purchase, apex’s largest prior shareholder, Carousel Capital (Carousel), a private investment firm that invests in companies located in the Southeastern United States, continues to hold a significant minority stake in the Company alongside KKR.
apex serves over 250 Fortune 500 and Forbes Global 2000 companies, protecting more than $8 trillion of annual spend across many of the world’s most complex supply chains.
KKR made the investment through its North America Fund XIII. Carousel initially invested in apex in 2014 out of its fourth fund and in 2020 sponsored a recapitalisation of the business through a single asset continuation fund and its fifth fund. Financial terms of the transaction have not been disclosed.
UBS Investment Bank and Kirkland & Ellis served as advisors to KKR. William Blair and KL Gates served as advisors to apex and Carousel.
