KKR: a new investor for Citation

(CercleFinance.com) - The Citation Group, an international provider of compliance and certification technology solutions for small and medium-sized enterprises (SMEs), has announced the arrival of HarbourVest Partners, a global private equity manager, as a new investor in the company.


HarbourVest will join forces with the management team and majority investors, KKR and Hg, to support Citation's international growth through AI product development and strategic acquisitions.

Citation supports SMEs in the UK, Canada and Australia, acting as an essential partner to over 110,000 SMEs.

Chris Morris, CEO of Citation, said: ' HarbourVest's expertise, together with the continued support of Hg and KKR, will be instrumental in pursuing our vision of simplifying compliance for SMEs globally. Our goal remains to provide peace of mind to business owners, allowing them to focus on growing their business, while we protect their people, their business and their reputation. '

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