Accel-KKR Takes Majority Stake in Lemontech

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 Takes Majority Growth Stake in Duett AS

December 12, 2019

Cloud & SaaS

Accel-KKR has made a majority growth investment in Duett AS, a Norway-based provider of SaaS accounting solutions for professional accountants and their clients. The capital will be used to accelerate Duett's vertical and geographic expansion across Scandinavia and beyond; Accel-KKR partners will join Duett's board to support scaling efforts.

Accel‑KKR Makes Majority Growth Investment in Teamcore

August 30, 2022

Cloud & SaaS

Accel‑KKR has made a majority growth investment in Teamcore, a Santiago‑based retail execution and analytics platform that serves CPGs and retailers across Latin America. The financing — completed with participation from SVB Innovation Credit Fund VIII — will be used to accelerate Teamcore’s go‑to‑market, enhance the product roadmap and support inorganic growth opportunities.

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.

Accel-KKR Makes Majority Growth Investment in Unimarket

August 3, 2021

Cloud & SaaS

Accel-KKR has made a majority growth investment in Unimarket, a cloud-based eProcurement and source-to-pay software provider founded in Auckland. The capital will be used to accelerate Unimarket's international expansion, drive product innovation, and support strategic M&A activity while the existing management team, led by CEO Peter Kane, stays in place.

Accel‑KKR Acquires Majority Stake in Arbiter

September 23, 2025

Software

Accel‑KKR has acquired a majority stake in Arbiter, a Sandy, Utah‑based provider of athletic and school operations management software. Serent Capital, which partnered with Arbiter in 2017, will retain a minority equity position; the investment is intended to accelerate product innovation, expanded services, and scale across the K‑12 and youth sports market.