PE firm Accel-KKR to exit New Zealand tech firm Seequent in $1.05b deal

PE firm Accel-KKR to exit New Zealand tech firm Seequent in $1.05b deal

Photo: REUTERS/Beawiharta

Technology-focused private equity firm Accel-KKR has agreed to exit New Zealand geological and geophysical modeling software developer Seequent in a $1.05 billion deal with Nasdaq-listed infrastructure engineering software maker Bentley Systems Inc.