Eleco

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: £207.6m
• Sector: Software & SaaS
• Advisor: None stated
• Key Entities: Eleco, Accel-KKR
• Location: United Kingdom

Note: 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.