Kerr Consulting

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Kerr Consulting - overview

Established

1987

Location

The Woodlands, TX, US

Primary Industry

Software

About

Kerr Consulting is a provider of innovative ERP accounting software solutions and IT managed services, focused on transforming business operations for clients of various sizes across North America. Founded in 1987 and headquartered in The Woodlands, US, Kerr Consulting specializes in ERP solutions and IT managed services. The company has completed 2 deals, with the most recent occurring on August 6, 2024, when Cherry Bekaert, a portfolio company of Parthenon Capital, acquired Kerr Consulting from Proviso Capital. The deal's financial terms were not disclosed.


The CEO, Dave Kerr, has been instrumental in guiding the company through its strategic developments. Kerr Consulting specializes in providing comprehensive ERP accounting software solutions, IT managed services, and custom software development tailored to meet the specific challenges faced by small, medium, and enterprise-level clients. Their core offerings include end-to-end managed services that integrate business applications with cloud technology, allowing clients to enhance operational efficiency. The company has recently expanded its service offerings through a partnership with Cherry Bekaert, enabling advisory and outsourcing services, primarily targeted at sectors necessitating robust financial management and IT support across North America.


Kerr Consulting's revenue structure is based on service agreements and consulting engagements with businesses seeking tailored ERP solutions and IT services. These B2B transactions involve implementation and ongoing support of the company's software and managed services, often utilizing subscription-based pricing for continued access and updates. Their flagship products are closely related to their ERP solutions and cloud technology, which drive consistent revenue through service contracts and client retention. Following the acquisition by Cherry Bekaert on August 6, 2024, Kerr Consulting is positioned to support the expansion of Cherry Bekaert’s national Outsourced Accounting practice both in the US and globally.


The acquisition is anticipated to leverage Kerr Consulting’s existing capabilities and client base to propel further growth in new markets. These strategic efforts will likely utilize the resources and expertise brought by Cherry Bekaert to enhance service offerings and reach a broader audience.


Current Investors

Proviso Capital

Primary Industry

Software

Sub Industries

Accounting/Finance Software, HR & Workforce Software

Website

www.kerrconsulting.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Kerr Consulting - 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)
Add-on, Trade SaleCompletedKerr Consulting-
Add-onCompletedSoftware Link-
BuyoutCompletedKerr Consulting-

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Kerr Consulting - employee data

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