Accel-KKR Acquires Majority Stake in Recurly

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.

Accel-KKR Acquires Accertify From American Express

January 16, 2024

Cybersecurity

Accel-KKR agreed to acquire Accertify from American Express in a carveout transaction, creating Accertify as an independent company post-close. Accertify provides fraud prevention, chargeback management, account protection, and payment gateway solutions for enterprise customers, and the deal is intended to accelerate growth and product innovation.

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 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 Takes Majority Stake in Lemontech

June 28, 2019

Cloud & SaaS

Accel-KKR has made a majority investment in Lemontech, the Santiago-based legaltech SaaS provider, to accelerate the company's international expansion, product development and talent growth. As part of the transaction, Accel-KKR principals will join Lemontech’s board and provide strategic and operational support to scale the business across Latin America and beyond.