KKR has completed its acquisition of a majority stake in apexanalytix (apex), a provider of supply chain risk management software and services. Following the purchase, apex’s largest prior shareholder, Carousel Capital (Carousel), a private investment firm that invests in companies located in the Southeastern United States, continues to hold a significant minority stake in the Company alongside KKR.

apex serves over 250 Fortune 500 and Forbes Global 2000 companies, protecting more than $8 trillion of annual spend across many of the world’s most complex supply chains.

UBS Investment Bank and Kirkland & Ellis served as advisors to KKR. William Blair and KL Gates served as advisors to apex and Carousel.

Read more: Private Equity Wire