Eleco

Acquirer: Accel-KKR

Private equity firm Accel-KKR has reached an agreement to acquire AIM-listed construction software vendor Eleco plc in a take-private transaction valued at £207.6 million.Summary of transaction details:Value: £207.6mSector: Software & SaaSAdvisor: None statedKey Entities: Eleco, Accel-KKRLocation: United KingdomNote: Accel-KKR is taking Eleco private at a 74.7% premium, leveraging the target firm's strong recurring subscription revenue model within the architectural, engineering, and construction software market.