Accel-KKR Acquires Accertify from American Express

Accel-KKR Acquires Majority Stake in Recurly

August 12, 2020

Cloud & SaaS

Accel-KKR has made a majority equity investment in Recurly, a San Francisco-based provider of subscription management and billing software. The investment will provide capital and resources to accelerate Recurly's product innovation, expand global payments capabilities and scale its go-to-market efforts.

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.

Accel-KKR Acquires Springbrook Software from Accela

January 7, 2020

Cloud & SaaS

Accel-KKR, a technology-focused private equity firm, has acquired Springbrook Software, a provider of cloud-based ERP, finance, payroll and utility billing software for local governments. The carve-out from Accela will let Springbrook operate as an independent company with increased investment to accelerate product innovation, customer care and growth across North America.

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.

FLEETCOR Acquires Accrualify

August 3, 2022

Cloud & SaaS

FLEETCOR Technologies, Inc. has acquired Accrualify, Inc., a cloud-based accounts payable (AP) automation software provider, to expand its corporate payments and procure-to-pay capabilities. The acquisition adds end-to-end AP workflow and payments execution technology to FLEETCOR's corporate payments platform and is expected to increase demand and revenue per client.

K1 Investment Management Acquires Majority Stake in Certify and Chrome River

March 5, 2019

Cloud & SaaS

K1 Investment Management will acquire a majority stake in Certify and Chrome River Technologies in a transaction valued at over $1 billion, combining the two leading travel, expense, and invoice management software businesses. The combined organization will operate with separate management teams while coordinating product investments to deliver a more comprehensive, cloud-based expense and invoice automation suite for customers across SMB and enterprise segments.