Krogerus advises Aico Group and Juuri Partners on Accel-KKR's majority equity investment in Aico Group

Krogerus advised Aico Group, an end-to-end financial close software platform for large enterprises, and Juuri Partners on Accel-KKR's majority equity investment in Aico Group. With the investment, Accel-KKR, a global technology-focused investment firm, will join current investor Juuri Partners as backers of Aico.

With the investment, Aico seeks to bolster its market expansion across Europe, especially in the DACH region, and continue to develop and strengthen its financial close platform. Aico’s end-to-end SaaS platform addresses highly complex, multi-national, and multi-ERP back-office configurations with tight integration to these systems.

The transaction was led by Partner Antti Luhtala and Counsel Jasmin Wardi, while Partner Mika Ståhlberg was the partner in charge. They were primarily assisted by Senior Associate Timo Rautiainen and Associates André von Martens and Ulrika Mäkinen. Partner Samu Lassila advised on tax matters.