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KKR leads debt financing for the recapitalization of Flexera, a technology spend and risk intelligence leader. This strategic move will position Flexera for its next chapter of growth.

Aug 19, 20254 months ago
Itascainformation technology & servicesInformation TechnologySoftware

Investors

Kkr

Description

KKR, managing credit funds, has led the debt financing for the recapitalization of Flexera Software. Flexera specializes in technology spend and risk intelligence. The funding aims to support Flexera’s growth plans. KKR was advised by Latham & Watkins LLP for this transaction.

Company Information

Company

Flexera

Location

300 Park Blvd

Itasca, Illinois, United States

About

Flexera is a global leader in technology spend and risk management for hybrid IT. It helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Their award-winning hybrid IT asset management and FinOps solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. Flexera aims to address cloud challenges, including cloud costs and optimization, through its FinOps offering.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers