KKR has acquired Mdf Commerce Inc., a SaaS company in digital commerce technologies.

Mdf Commerce’s North American eProcurement platform serves over 6,500 government agencies and more than 650,000 suppliers across Canada and the United States and provides a government software platform. At closing, Mdf Commerce will become a privately held company. KKR is making its investment in Mdf Commerce through its Ascendant Strategy.

“KKR is closely aligned with management’s vision to accelerate technology innovation across the broader mdf commerce platforms,” says John Park, partner at KKR. “We look forward to the enormous opportunity ahead for the mdf commerce eProcurement platform as governments increasingly embrace digital solutions.”