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John Wylie closes in on maiden private equity exit; snares Accel-KKR

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Five years after storming into the asset class, John Wylie’s investment house Tanarra Capital is poised to rule off its first private equity exit.

It is understood the $US19 billion ($28.5 billion) technology investor Accel-KKR is in exclusive discussions to acquire Perth-based workplace management software company INX Software, which has been majority owned by Tanarra since 2019.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/john-wylie-closes-in-on-maiden-private-equity-exit-snares-accel-kkr-20240619-p5jn3f