Professional Services Software Providers Mavenlink and Kimble Applications Close Merger.

MANews-(C)2009-2021

US-based cloud software for professional services provider Mavenlink and UK-based software provider Kimble Applications have closed their merger announced in November, bringing together deep domain expertise and purpose-built solutions for professional services organizations, the firms said.

Accel-KKR, a technology-focused private equity firm, will be the majority investor in the combined business while existing Kimble and Mavenlink investors, including Carrick Capital Partners and Goldman Sachs, will continue to be investors.

The merger will join two technology firms targeting the professional services vertical, serving over 2,000 clients globally.

Kimble Applications helps professional service organizations run their project-based businesses better.

The firm is specialized in consulting, software, and hi-tech. Kimble is a software provider in professional services automation technology, focused exclusively on innovating features and...

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