AARO, Aico, and Mercur Merge to Form Unified Financial SaaS Platform

AARO, Aico, and Mercur have merged to form a unified SaaS platform for finance and performance management, announced in a press release by Accel-KKR. This strategic unification aims to deliver a comprehensive solution for the Office of the CFO across the EMEA region.

The newly formed entity will be led by Michael Teixeira as Group CEO, who brings extensive experience in scaling technology companies. The merger combines AARO's enterprise-grade consolidation and reporting solutions, Aico's financial close automation, and Mercur's expertise in budgeting, forecasting, and analytics.

Operating across the Nordics, UK, Ireland, BENELUX, DACH, and the Middle East & Africa, the platform will support thousands of mid-market and enterprise customers. Key benefits include AI-powered automation, a unified user experience, and future-ready scalability, enhancing decision-making and governance for finance teams.