Exact's Specialized Solutions division

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Exact's Specialized Solutions division - overview

Location

Delft, -, Netherlands

Primary Industry

Software

About

Exact's Specialized Solutions division delivers innovative cloud-based software tailored for small and medium-sized enterprises, enhancing their financial and operational management capabilities. Exact specializes in cloud-based software solutions designed for small and medium-sized enterprises, allowing enhanced management of financial and operational processes. The company is headquartered in Delft, Netherlands. Exact has not undergone any known pivots in its business strategy or operations since its inception.


Paul Ramakers serves as the CEO. In June 2021, Silver Lake acquired a minority stake in Exact, with KKR remaining the majority shareholder, alongside management participation. The company has completed 2 total deals, with the most recent deal occurring on 2021-06-01. Exact offers a suite of cloud-based software solutions specifically designed for small and medium-sized enterprises (SMEs) and their accountants.


These solutions enhance financial and operational management, including integrated offerings for accounting, financial management, enterprise resource planning (ERP), human resource management (HRM), and customer relationship management (CRM). Over 150,000 businesses and accounting professionals utilize Exact's applications, which streamline various business processes and provide real-time access to critical data, primarily marketed in the Benelux region and select international markets. Exact generates revenue through subscription-based pricing models for its software solutions, providing clients with access to various modules tailored to their specific business needs. These B2B agreements facilitate ongoing relationships with clients, who benefit from regular updates and support services.


Key products include Exact Globe, which supports financial processes and other specialized solutions for niche industries. Revenue is further supported by ancillary services such as training and customer support.


Current Investors

KKR, Silver Lake, Apax Partners

Primary Industry

Software

Sub Industries

Accounting/Finance Software, HR & Workforce Software, Logistics Software

Verticals

Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Exact's Specialized Solutions division - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedExact's Specialized Solutions division-
Add-on, Corporate Carve Out, Trade SaleCompletedExact's Specialized Solutions division-

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Exact's Specialized Solutions division - employee data

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Exact's Specialized Solutions division - key contacts

NamePositionStart DateEnd DateVcardBio 
Chairman Of The Board Of DirectorsBM

BM Board Member

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