Pinsent Masons advises Ocuco on €60 million growth equity investment from Accel-KKR

Ocuco, a global leader in eyecare software solutions, has announced the growth equity investment from Accel-KKR, a global technology-focused private equity firm.

The Pinsent Masons team acting on the transaction was led by Dublin based corporate Partner Neil Keenan.

Commenting on the deal Neil Keenan said:

"The completion of this investment in Ocuco by Accel-KKR is a terrific achievement for the business and will enable it to continue its very impressive growth trajectory.  Having acted for Ocuco since 2005 I along with the team in Pinsent Masons were delighted to have had the opportunity to advise on this landmark transaction."

The investment is set to boost Ocuco's global momentum, enabling the company to meet the eyecare industry's burgeoning omnichannel demand through Acuitas 3 OmniChannel Edition, Ocuco's category-defining cloud-based software solution. With Accel-KKR's backing, Ocuco will also continue to capitalize on strategic M&A opportunities.

Commenting on the role of Pinsent Masons, Ocuco’s CEO Leo MacCanna said:

“Neil and his team at Pinsent Masons were there for us at all times through this fundraising process, Neil having been our legal adviser on all of our key strategic transactions since 2005.  The level of commitment of the team and the expert and commercially sensible advice they provided to Ocuco were invaluable to us in ensuring a successful conclusion to our equity fundraising process.”