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Divestiture Jul 2023

Accel-KKR exits FM:Systems via sale to Johnson Controls

FM:Systems was owned by private equity firm Accel-KKR prior to its sale to Johnson Controls, representing a PE sponsor exit of the software asset.

“FM:Systems, headquartered in Raleigh, North Carolina and owned by Accel-KKR, has more than 200 employees and 1,200 customers, representing more than 2.4 million users across 80 countries.”

Entities

Accel-KKR · Sponsor FM:Systems · Target Johnson Controls · Acquirer
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