Accel-KKR Invests in Vendavo with Re-investment from Francisco Partners

Vendavo to Acquire Model N High-Tech Business Unit

July 1, 2026

Cloud & SaaS

Vendavo signed an agreement to acquire Model N’s High-Tech business unit, subject to closing, to strengthen its position in semiconductor and high-tech manufacturing. The deal combines Vendavo’s AI-powered pricing, quoting, and rebate capabilities with Model N’s channel data management and execution expertise, enabling a more complete revenue lifecycle solution from price setting through channel execution and net price realization.

Vertice Acquires Vendr

June 1, 2026

Cloud & SaaS

Vertice, an AI procurement platform, announced its acquisition of Vendr, a U.S. software pricing and negotiation intelligence company. The deal is intended to create the world’s largest procurement intelligence dataset by combining Vendr’s software pricing insights with Vertice’s procurement data to advance Vertice’s autonomous AI negotiation capabilities (including “Ana”).

Vista Equity Partners Invests Growth Capital in AKUVO

September 18, 2025

Cloud & SaaS

Vista Equity Partners has made a strategic growth capital investment in AKUVO to accelerate the company's AI-driven collections and credit risk management platform. The funding will support AKUVO's product roadmap and commercialization as it scales across banks, credit unions and fintech customers.

Francisco Partners Makes Strategic Growth Investment in Accela

September 6, 2023

Government & Public Sector

Accela, a provider of cloud-based government software, received a strategic growth investment from Francisco Partners while Berkshire Partners remains a significant, equal equity investor. The undisclosed capital will be used to accelerate Accela's product and market growth as the company expands its civic cloud platform for state and local governments.

Vendavo Acquires Market Medium

July 19, 2022

Software

Vendavo, the AI-embedded B2B pricing and commercial excellence software provider, has acquired Market Medium, a cloud-based rebate and channel incentive management solution. The deal expands Vendavo's pricing and CPQ capabilities by adding end-to-end rebate, accrual, settlement and channel-incentive management for manufacturers, distributors and wholesalers.

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.