JEGI LEONIS has advised Valuant on their sale to Abrigo, a portfolio company of Accel-KKR and Carlyle.

Founded in 2016 and headquartered in Columbia, South Carolina, Valuant is a leading provider of accounting technology that helps banks and financial institutions comply with regulatory reporting standards. Under the ValuCast platform, the company offers two flagship products, CECL, and the Loan Review System (LRS). Through its cutting-edge SaaS platform, Valuant ensures compliance and automates data manipulation in accordance with the FDIC, OCC and several state regulatory bodies.

This acquisition continues the execution of Abrigo’s steadfast strategy to provide best-in-class software and services to a growing customer base of 2,300 financial institutions. The Valuant team’s substantial expertise, combined with Abrigo’s existing resources and reach, position the blended enterprise for additional high-quality growth. The deal joins two successful, customer-focused companies, allowing Abrigo to grow feature functionality and create more options to help clients solve their challenges.