Accel-KKR agreed on 10 September to take AIM-listed Eleco private at 235p a share in cash, valuing the construction software company at about £207.6m. Eleco's board intends to recommend the offer.
Market context
The deal adds to a run of UK small-cap software take-privates by US sponsors. Eleco reported 2025 revenue of £38.8m with roughly 81% recurring and no debt, making it a classic target for buyout firms focused on vertical software.
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