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4human secures growth investment from Accel-KKR

Accel-KKR and 4human

4human secures growth investment from Accel-KKR

Tønsberg, Norway & London, UK – November 18, 20254human , a leading provider of HR and quality and management systems, has secured a strategic growth investment from Accel-KKR, a leading global software investment firm. Terms of the transaction were not disclosed.

This investment marks the start of an exciting new chapter for 4human and enables the company to accelerate its strategic initiatives and drive further innovation in its HR and quality and management solutions. With Accel-KKR's support and deep software expertise, 4human the ability to further develop its HR and quality and management systems, introduce new features and continue to improve the experience for all its customers – regardless of size and sector in the Nordic and European markets. The partnership with Accel-KKR positions 4human to deliver even greater value to businesses seeking modern, scalable solutions that simplify and improve daily operations.

“The partnership allows us to increase the pace of innovation in line with market developments. With Accel-KKR's proven experience from similar companies, we receive valuable support as we grow and explore new opportunities going forward that fit well with our vision and that will create even greater value for our clients,” says Roar Aasvang, Chairman and CEO of 4human .

Maurice Hernandez, Managing Director at Accel-KKR, says: “We are excited to partner with 4human and support their continued growth and innovation within HR and QMS software in the Nordic and European markets.”

Brodies LLP and Wiersholm served as legal advisors to Accel-KKR. Pareto Securities AS and Arntzen Grette served as financial and legal advisors respectively to 4human.

About Accel-KKR

Accel-KKR is a technology-focused investment firm with over $23 billion in total capital commitments. The firm focuses on software and technology-driven businesses that are well-positioned for both top-line and bottom-line growth. At the core of Accel-KKR's investment strategy is a strong partnership with the management teams of its portfolio companies, as well as a goal of creating value in close collaboration with management by leveraging the significant resources of the Accel-KKR network.

Accel-KKR focuses on mid-cap companies and offers a broad range of capital solutions, including acquisition capital, minority growth investments, and credit options. The firm also invests across transaction types, including private company recapitalizations, business spin-offs, and going-private transactions.

Accel-KKR is headquartered in Menlo Park, with offices in London, Atlanta and Chicago.
Read more at www.accel-kkr.com 

About 4human

4human is a leading Nordic provider of cloud-based HR, quality and management systems trusted by thousands of businesses and hundreds of thousands of users every day.

4human HRM AS is a leading Norwegian provider of SaaS solutions for HR and personnel administration. We deliver modern, cloud-based software that streamlines HR processes, improves workflow, strengthens the experience for both employees and managers, and helps reduce absence-related costs. Our solutions also support the digitalization of the public sector through integrations with Altinn and NAV, and help managers and HR managers simplify their everyday lives while giving employees easy access to necessary information.

4human's subsidiaries, 4human TQM Ltd. and 4human QM365 AS, is a leading national provider of SaaS solutions within HSE, quality and risk. With dedicated professional environments, we deliver modern, modular quality and management systems developed to support businesses within these critical areas.

4human has offices in Tønsberg, Skien, Oslo and Gdansk, and supports businesses of all sizes in both the private and public sectors.

For more information please contact:

4human

Roar Aasvang
Chairman & CEO
Phone: + 47 91 32 04 93
[email protected]

 

Accel-KKR

Todd Fogarty
Biscuit CNC
Phone: +1 212 521 4854
[email protected]

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