Accel-KKR Takes Majority Stake in Kimble Applications
March 16, 2021
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.
- Buyers
- Accel-KKR
- Targets
- Kimble Applications
- Industry
- Cloud & SaaS
- Location
- England, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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 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 Leads Merger of Mavenlink and Kimble Applications to Form Kantata
May 16, 2022
Cloud & SaaS
Accel-KKR led the merger of Mavenlink and Kimble Applications to create Kantata, a combined vertical Cloud & SaaS provider of professional services automation. Michael Speranza was named CEO of the new company, which will combine product capabilities and go-to-market efforts (the combined business counts nearly 600 employees and serves over 2,000 clients); existing investors including Carrick Capital Partners and Goldman Sachs remain investors.
-
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 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.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.