BREAKING NEWS KKR, a leading global investment firm, has today announced that a fund managed by KKR has entered into an
Artificial Lawyer 12:24 am on June 3, 2024
**Summary (100 words):** KKR Fund invests in CLM company Agiloft with FTV Capita and JMI Equity as investors, focusing on legal contract management software. This transaction follows regulatory changes, emphasizing customer satisfaction, simplifying workflows, and market expansion through employee ownership plans.
- Investment by KKR Fund: A major fund under the umbrella of KKR invests in Agiloft.
- Fund Managers Involved:** FTV Capita and JMI Equity join as investors, indicating a strategic partnership for growth.
- Focus on Legal Contract Management Software: Agiloft provides a platform that streamlines contract management processes across various departments.
- Employee Ownership Initiative:** KKR's investment includes plans to implement an employee stock ownership plan (ESOP) for broad-based employee benefits.
- Support for Regulatory Compliance and Efficiency:** Agiloft aims to help businesses manage contracting efforts more efficiently, especially with the rise of regulatory demands.
https://www.artificiallawyer.com/2024/05/30/investment-fund-kkr-buys-clm-agiloft-in-surprise-move/
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