Accel-KKR Backs Mercur and Merges It with Aico to Build Office-of-the-CFO Platform

Accel‑KKR Combines AARO, Aico and Mercur to Create Unified Financial Corporate Performance SaaS Platform

July 23, 2025

Cloud & SaaS

Accel‑KKR has completed the acquisition of AARO and is bringing it together with its existing portfolio companies Aico and Mercur to form a unified SaaS platform for the Office of the CFO across EMEA. Michael Teixeira was named Group CEO to lead the combined company, which will offer end-to-end corporate performance management, financial close automation and FP&A capabilities.

Accel-KKR Acquires Pegaso Tecnología, Indicium Solutions and Facture to Create Latin America E-Invoicing Platform

March 21, 2023

Software

Accel‑KKR acquired Mexico‑based Pegaso Tecnología and Indicium Solutions and Colombia‑based Facture to combine the three e‑invoicing and tax‑compliance software businesses into a unified platform serving mid‑market and enterprise customers across Latin America. Patricia Santoni was appointed CEO of the combined business as Accel‑KKR looks to expand capability, deliver product innovation and pursue strategic acquisitions in the region.

Accel‑KKR Makes Majority Growth Investment in Teamcore

August 30, 2022

Cloud & SaaS

Accel‑KKR has made a majority growth investment in Teamcore, a Santiago‑based retail execution and analytics platform that serves CPGs and retailers across Latin America. The financing — completed with participation from SVB Innovation Credit Fund VIII — will be used to accelerate Teamcore’s go‑to‑market, enhance the product roadmap and support inorganic growth opportunities.

Accel-KKR Acquires Accertify from American Express

January 16, 2024

Payments & Fintech

Accel-KKR has completed the carveout acquisition of Accertify from American Express, making the fraud-prevention business an independent private company. Accertify will remain headquartered in Itasca, Illinois and will focus on accelerating growth and product innovation in fraud prevention, chargeback management, and payment gateway solutions with support from Accel-KKR.

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 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.