Making history in the software sector with KKR

BMC is a global systems software provider that helps companies manage and optimize their tech support functions across cloud, hybrid, on-premise and mainframe environments. Their software serves functions across IT service management, data centre automation, performance management, virtualization lifecycle management and cloud computing management. Based in Houston, Texas, BMC has more than 10,000 customers, including 92% of the Forbes Global 100 and 49 of the top 50 commercial banks.1

Deep sector expertise spanning software and technology

KKR reached out to Macquarie to help facilitate the growth of its software portfolio. Macquarie’s long-term partnership with KKR, paired with our comprehensive understanding of the software sector, allowed us to exclusively advise KKR on BMC’s acquisition and move quickly on a financing package.

This represents our 18th transaction for KKR since 2017 (other select financings include WebMD, Heartland Dental and Nature’s Bounty). BMC’s acquisition was KKR’s largest transaction since 2008 and the biggest private equity-backed software deal since 2008.

With KKR's support, and the strength of BMC's world-class team, we will continue to grow and invest in our future as we drive innovation and results, and meet the changing needs of our customers and the marketplace.

Peter Leav, CEO of BMC

Preparing the digital enterprise for longstanding IT success

BMC is focused on helping customers across diverse global enterprises run and reinvent their businesses, leveraging open, scalable and modular solutions to complex IT problems. Through increased access to capital and exposure to KKR’s growing software network, BMC is well-positioned to expand its scale and capability across a highly evolving IT market. This acquisition adds to KKR’s more than $US26 billion portfolio in the software sector.

As private equity interest in the software industry continues to heat up, Macquarie is committed to helping sponsor clients uncover and facilitate strategic investment opportunities.

LOOK
BEYOND
CONVENTION.

See how we look beyond to create new possibilities and deliver real business impact to our clients across the Americas.

Learn more

*Source: https://media.kkr.com/news-releases/news-release-details/kkr-completes-acquisition-bmc-software

1. Norte III - Project Finance International. 
2. Lennar Multifamily Venture - PERE Magazine. 
3. Global Finance Awards.

This information is a general description of the Macquarie Group only. Before acting on any information, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice. No information set out above constitutes advice, an advertisement, an invitation, a confirmation, an offer or a solicitation, to buy or sell any security or other financial, credit or lending product or to engage in any investment activity, or an offer of any banking or financial service. Some products and/or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions. All securities and financial products or instrument transactions involve risks. Past performance of any product described on this site is not a reliable indication of future performance.