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WA-05003

KKR led consortium / SaviyntWA-05003

View on ACCC

Processing timeline

16

days

Filed

11 Jan 2026

Notification waiver determination published

Decision

27 Jan 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

KKR Spire Aggregator L.P. Company No.: 1001421059 - Ontario, Carrick Capital Associates Fund II, L.P. Company No.: 5654423 - Delaware, Carrick Capital Partners III Co-Investment Fund II, L.P. Company No.: 7023487 - Delaware, Carrick Capital Founders Fund II, L.P. Company No.: 5654424 - Delaware, Carrick Capital II Co-Investment Fund II, L.P. Company No.: 6150404 - Delaware, Carrick Capital Partners II, L.P. Company No.: 5654420 - Delaware

Target(s) or Vendor(s)

Saviynt, Inc. Company No.: 5712935 - Delaware

Other parties

None listed

Summary

KKR Spire Aggregator L.P. and Carrick Capital, as part of a consortium, are acquiring control of Saviynt, Inc. Saviynt is a cybersecurity provider focused on identity solutions, including Identity Governance & Administration software. This deal sees a global investment firm acquiring a technology company.

Acquisition details

KKR Spire Aggregator L.P., a special purpose vehicle indirectly wholly owned by investment funds, vehicles and/or accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, KKR ) alongside Carrick Capital and other members of the consortium propose acquiring control over Saviynt, Inc. KKR is a global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. Saviynt is a cyber security provider focused on identity solutions. Saviynt’s solutions allow companies (and other organisations) to manage log-in details for their employees when accessing company resources. Saviynt provides an Identity Governance & Administration software that centralizes lifecycle management, access requests, compliance, and audit across hybrid IT environments, including human and non-human identities, along with a number of adjacent identity products.

Industry

Broad:Professional & Business ServicesANZSIC 7000:Computer System Design and Related Services

Decisions and key events

27 Jan 2026Notification waiver determination publishedAttachmentPDF172.0 KB

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