Accel-KKR Invests in Cendyn

Accel-KKR Makes Follow-On Equity Investment in Cendyn

June 18, 2019

Cloud & SaaS

Accel-KKR provided a strategic follow-on equity investment in Cendyn, a Boca Raton-based provider of cloud-based CRM and hotel sales platforms, to support scaling and product innovation. As part of the transaction, founder Charles Deyo transitioned to an investor and board role while Tim Sullivan took on day-to-day operational leadership; terms were not disclosed.

Cendyn Acquires The Rainmaker Group

August 1, 2019

Cloud & SaaS

Cendyn, a cloud-based hospitality software provider headquartered in Boca Raton, Florida, has acquired The Rainmaker Group, a revenue and profit optimization SaaS provider for hotels, resorts and casinos. The deal will integrate Rainmaker's revenue-management capabilities into Cendyn's hospitality cloud to offer aligned sales, marketing and revenue solutions; Rainmaker co‑founder Tammy Farley will join Cendyn's board.

Cendyn Acquires Knowland

October 1, 2024

Data & Analytics

Cendyn, a global hospitality cloud-based technology company, has acquired Knowland, a US-based leader in meetings-and-events data-as-a-service. The deal — announced alongside Cendyn's existing investors and new private equity partner Haveli Investments (alongside Accel-KKR) — integrates Knowland's event intelligence with Cendyn's CRM, proposals, and Grouprev platforms to drive more MICE/group bookings for hotel customers.

Cendyn Acquires PUSHTech

October 10, 2023

Cloud & SaaS

Cendyn has acquired PUSHTech (Push Technologies S.L.), a Barcelona-based cloud Customer Data Platform and hotel CRM provider, to strengthen its next-generation CRM and marketing automation capabilities for hoteliers. The deal brings PUSHTech's omnichannel guest-journey automation and marketing automation technology into Cendyn's hospitality technology portfolio.

Accel-KKR Makes Significant Investment in Yes Energy

January 28, 2022

Data & Analytics

Accel-KKR, a technology-focused private equity firm, announced a significant investment in Yes Energy to accelerate the company's power market data products, partnerships and acquisition opportunities. Yes Energy, founded in Boulder, Colorado, will use the funding to expand its product suite and scale to meet growing demand across North American power markets.

Accel-KKR Makes Growth Equity Investment in PINC

June 16, 2020

Logistics & Distribution

Accel-KKR has made a significant growth equity investment in PINC, a Union City, California-based provider of digital yard and supply chain visibility solutions. The capital will support PINC’s organic growth initiatives and strategic acquisitions as it expands its supply chain management software offerings and global reach.