Accel-KKR Acquires MOA Benchmarking

Accel-KKR Invests Growth Capital in Blue Mountain Quality Resources

September 29, 2020

Software

Accel-KKR has made a significant growth investment in Blue Mountain Quality Resources to help the company scale its enterprise asset management (EAM) software for the life sciences industry. Software Equity Group served as exclusive advisor to Blue Mountain on the transaction, which will support product capability expansion and global growth.

Morningstar Acquires Moorgate Benchmarks

September 8, 2021

Financial Services

Morningstar, Inc. has acquired Moorgate Benchmarks, a European provider of index design, calculation and administration, making Moorgate a wholly owned subsidiary. The acquisition strengthens Morningstar Indexes' capabilities and accelerates its European expansion by adding Moorgate's technology, executive team, and 20-person workforce.

Accel-KKR Acquires OrthoBanc and Combines It with OrthoFi

December 31, 2020

Healthcare Services

Accel-KKR purchased OrthoBanc and will combine it with OrthoFi (a platform in which Accel-KKR previously invested) to create an integrated orthodontic patient acquisition and payment management provider operating as OrthoFi. The combined business will pair OrthoFi's patient acquisition and insurance management software with OrthoBanc's payment and revenue cycle management capabilities to serve orthodontic and dental practices across the U.S.

Accel-KKR Takes Majority Stake in Kimble Applications

March 16, 2021

Cloud & SaaS

Kimble Applications, a cloud-based professional services automation (PSA) provider, closed a significant growth investment from Accel-KKR on March 16, 2021, with Accel-KKR becoming a majority interest holder. The new capital is intended to accelerate product innovation, go-to-market initiatives—particularly in North America—and support continued global growth and strategic M&A.

KCAS Acquires France-based Active Biomarkers

September 12, 2022

Healthcare Services

KCAS Bioanalytical and Biomarker Services, a Vitruvian Partners-backed CRO headquartered in Olathe, Kansas, has acquired Active Biomarkers, a bioanalytical laboratory based in Lyon, France. The deal, previously owned by the management team and Turenne Santé, expands KCAS's European footprint and adds specialty bioassay and cellular analysis capabilities to support pharma and biotech customers worldwide.

Accel-KKR Makes Majority Investment in Phocas Software

October 15, 2025

Cloud & SaaS

Accel-KKR, a technology-focused investment firm, has made a majority equity investment in Phocas Software, a Sydney-based BI and FP&A SaaS provider for mid-market manufacturing, distribution and retail businesses. The investment will support Phocas' product development (including AI features), customer success and global expansion initiatives; terms were not disclosed.