Accel‑KKR Combines AARO, Aico and Mercur to Create Unified Financial Corporate Performance SaaS Platform

Accel-KKR Backs Mercur and Merges It with Aico to Build Office-of-the-CFO Platform

February 26, 2025

Cloud & SaaS

Accel-KKR completed a majority equity investment in Mercur Solutions and merged Mercur with Aico to create an integrated, end-to-end financial platform serving the Office of the CFO. The combined business will integrate Mercur's corporate performance management capabilities with Aico's financial close automation to expand product functionality and geographic reach across the Nordics, UK, Ireland, BENELUX and DACH.

Accel-KKR Acquires Pegaso Tecnología, Indicium Solutions and Facture to Create Latin America E-Invoicing Platform

March 21, 2023

Software

Accel‑KKR acquired Mexico‑based Pegaso Tecnología and Indicium Solutions and Colombia‑based Facture to combine the three e‑invoicing and tax‑compliance software businesses into a unified platform serving mid‑market and enterprise customers across Latin America. Patricia Santoni was appointed CEO of the combined business as Accel‑KKR looks to expand capability, deliver product innovation and pursue strategic acquisitions in the region.

AAR CORP. Acquires Aerostrat

August 12, 2025

Aerospace & Defense

AAR CORP. has acquired Seattle-based Aerostrat, a long-range aviation maintenance planning software provider, for $15 million plus contingent consideration of up to $5 million. The deal brings Aerostrat's Aerros product into AAR's Trax suite to expand Trax's ERP and long-range planning capabilities and continue to offer Aerros as a standalone solution to airlines, MROs, and cargo operators.

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.

AiRo Digital Labs Acquires Cloudaction

April 18, 2024

Cloud & SaaS

Chicago-based AiRo Digital Labs has acquired Cloudaction, a cloud solutions provider with capabilities across Salesforce, ServiceNow, BMC and Microsoft Azure, to strengthen its AI and cloud consulting practice and accelerate growth. The acquisition integrates Cloudaction's platform and global delivery capabilities (headquartered in Tulsa, Oklahoma with a delivery center in Pune, India) into AiRo's Cloud practice to create a larger AI & Cloud consulting firm in the U.S.

Accordion Acquires Kavaliro's Salesforce Consulting Division

March 10, 2025

IT Services

Accordion, a financial consulting firm focused on private equity, has acquired the Salesforce consulting division of Kavaliro. The divestiture allows Kavaliro to streamline operations and concentrate on its Workforce Solutions and Federal Defense businesses.