Accel-KKR, a global technology-focused investment firm, announced the successful closing of AARO, a leading provider of Corporate Performance Management (CPM) solutions, and bringing together AARO with financial software providers, Aico and Mercur. This marks a significant milestone in the formation of a unified company focused on delivering the most comprehensive, unified SaaS platform for finance and performance management in EMEA for the Office of the CFO.

The combined entity of AARO together with Aico and Mercur cements its category leadership in EMEA, bringing together deep expertise across the financial close, planning and reporting spectrum:

• Aico: Automates and streamlines financial close processes.
• Mercur: Powers xP&A, budgeting, forecasting, business intelligence and financial analytics.
• AARO: Provides enterprise-grade consolidation and group reporting solutions.

Together, they create a powerful unified SaaS platform for finance and performance management that empowers finance and executive leaders with automation, compliance and actionable insights, supporting faster decision-making, enhanced governance and enterprise-wide visibility.

"This is more than a corporate merger; it's a strategic unification," says Michael Teixeira, Group CEO. "By bringing together AARO, Aico and Mercur, we're creating a unified, integrated cloud solution that supports CFOs across the entire value chain; from Record to Report through Consolidation and Reporting to XP&A, Budgeting, Forecasting and Analysis and from local transaction-close to consolidated group-level reporting. This positions us uniquely to serve the needs of growing enterprises across the EMEA region."