Exact

Acquired

Exact business software for SMEs and their accountants

Delft, Netherlands · Founded 1984 · $925.0M raised

Headquarters
Delft
Employees
1001–5000
Founded
1984
Business Model
B2B
Website
exact.com
Total Funding
$925.0M
Last Round
$925.0M Private EquityApr 2015
Rounds
1
Acquisition Date
Feb 2019

About

Exact is a Dutch software company founded in 1984 and headquartered in Delft, Netherlands, providing cloud-based and on-premises accounting, ERP, HRM, and CRM software to more than 500,000 small and medium-sized enterprises (SMEs) and their accountants across more than 40 countries. Its flagship product Exact Online is the number-one online business software platform in the Netherlands and Belgium, covering accounting, financial management, supply chain, project management, manufacturing, and CRM in a single integrated solution. Exact serves industry verticals including wholesale distribution, manufacturing, professional services, and accountancy practices. The company has been majority-owned by KKR since 2019 (with a minority stake held by Silver Lake since 2021), following previous ownership by Apax Partners. With over 40 years of experience and approximately 2,000 support specialists, Exact processes the financial operations of hundreds of thousands of European businesses and has expanded to serve customers in the United States through Exact Online for the Americas market.

Summary

Exact is a Fintech company based in Delft, Netherlands, founded in 1984. It has raised $925.0M in total across 1 round, most recently a $925.0M Private Equity round in Apr 2015. Investors include KKR and Apax Digital.

Tech & App Stack

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Funding History

AcquisitionFeb 2019

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