KKR Acquires Majority Stake in Agiloft

FTV Capital Invests $45M in Agiloft

August 17, 2020

Cloud & SaaS

Agiloft, a Redwood City–based no-code contract and commerce lifecycle management platform, received a $45 million growth equity investment from FTV Capital. The funding will accelerate Agiloft's AI-based product development and support expansion into new verticals and geographies; FTV partners Alex Mason and Abhay Puskoor joined Agiloft's board.

Agiloft Acquires Screens (Generative AI Contract Review)

January 14, 2025

Cloud & SaaS

Agiloft has acquired Screens, a generative-AI contract review and redlining startup, to integrate Standards-based AI contract review playbooks into its Data-first Agreement Platform. The acquisition expands Agiloft's CLM capabilities by adding community-driven AI playbooks and automated redlining to speed review, standardize compliance and surface contract-market data.

Long Arc Capital Makes Majority Investment in Agile Frameworks

May 4, 2021

Cloud & SaaS

New York-based growth private equity firm Long Arc Capital acquired a majority stake in Agile Frameworks, a Minneapolis-area provider of cloud-based SaaS for project workflow, data management and analytics serving the AEC industry. Braun Intertec, which founded Agile Frameworks and remains a major shareholder and customer, will continue as a material owner while the investment supports product and market expansion.

Alternative Capital Group Acquires Majority Stake in Kaloom

May 20, 2021

Cloud & SaaS

Alternative Capital Group Inc. (ACG) has closed a transaction to become the majority shareholder in Kaloom Inc., a Montreal‑based developer of cloud‑native edge networking software. ACG said it will provide capital and capital-markets expertise to support Kaloom's global growth and to help deploy a worldwide reseller ecosystem while founder Laurent Marchand remains CEO.

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 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.