US-Owned Parent Company
While Exact operates in Netherlands, it is owned by the US-based company KKR & Co. Inc. . This may affect where profits ultimately flow.
About Exact
The accounting software landscape changed significantly in 1984 when Dutch entrepreneurs Arco van Nieuwland and Eduard Hagens established Exact to create financial management tools specifically designed for microcomputers. This pioneering development brought professional accounting capabilities to small businesses at a time when computerized financial systems were primarily available only to larger enterprises with mainframe computers.
Exact's evolutionary approach to software development has been characterized by continual adaptation to technological shifts while maintaining core financial management principles. The company successfully navigated major transitions from DOS to Windows environments and later to cloud-based solutions, each time preserving its reputation for reliability in financial data handling while embracing new delivery methods and user experience improvements.
After going public in 1999 and then returning to private ownership through acquisition by Apax Partners in 2015, Exact has maintained its focus on business software while expanding both geographically and into adjacent functionality including HR, CRM, and industry-specific solutions. The company serves over 550,000 businesses, with particular strength in Benelux, France, and other European markets. Exact exemplifies the evolution of European business software—maintaining deep expertise in regional accounting regulations and business practices while competing in an increasingly global software ecosystem dominated by larger American competitors.
Exact's evolutionary approach to software development has been characterized by continual adaptation to technological shifts while maintaining core financial management principles. The company successfully navigated major transitions from DOS to Windows environments and later to cloud-based solutions, each time preserving its reputation for reliability in financial data handling while embracing new delivery methods and user experience improvements.
After going public in 1999 and then returning to private ownership through acquisition by Apax Partners in 2015, Exact has maintained its focus on business software while expanding both geographically and into adjacent functionality including HR, CRM, and industry-specific solutions. The company serves over 550,000 businesses, with particular strength in Benelux, France, and other European markets. Exact exemplifies the evolution of European business software—maintaining deep expertise in regional accounting regulations and business practices while competing in an increasingly global software ecosystem dominated by larger American competitors.
Ownership & Tax Information
| Company Headquarters | 🇳🇱 Netherlands |
|---|---|
| Parent Company | 🇺🇸 KKR & Co. Inc. |