April 4, 2018 / 11:12 AM / 4 months ago

BRIEF-Kkr To Invest $172 Million In Cherwell Software

April 4 (Reuters) - KKR & Co LP:

* KKR TO INVEST $172 MILLION IN CHERWELL SOFTWARE

* CHERWELL SOFTWARE SAYS KKR WILL TAKE LARGER STAKE IN COMPANY THROUGH ITS NEXT GENERATION TECHNOLOGY FUND

* CHERWELL SOFTWARE SAYS LATEST INVESTMENT OF $172 MILLION WILL BE IN ADDITION TO KKR’S INITIAL $50 MILLION INVESTMENT MADE IN CHERWELL IN FEB 2017 Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)

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