BMC announced the completion of the acquisition of BMC by KKR, a global investment firm.
The company was acquired from a private investor group led by Bain Capital Private Equity and Golden Gate Capital together with GIC, Insight Venture Partners, and Elliott Management. The terms of the agreement, which was previously announced in May 2018, were not disclosed.
"As we embark on our next chapter with KKR, BMC continues to provide our customers with transformational solutions that help them manage and optimize information technology across cloud, hybrid, on-premise, and mainframe environments," said Peter Leav, President and CEO of BMC. "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. BMC is well-positioned for future growth and success."
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