Cross named CFO of Abila

Abila, a portfolio company of Accel-KKR, said Tuesday that Jeff Cross was named CFO. Most recently, Cross served in a consulting role with DigitalGlobe.

167 Views

Accel-KKR merges EPiServer and Ektron

EPiServer and Ektron, both of which are backed by Accel-KKR, have merged to launch a “global digital experience leader of scale.” The newly combined company will operate under the EPiServer name but use both the EPiServer and Ektron brands. No financial terms were disclosed. Mark Duffell has been named president and CEO of the new company while James Norwood is joining as executive vice president of strategy and chief marketing officer. Also, Martin Henricson will become executive chairman.

102 Views

Carrick Capital promotes two to managing director

Carrick Capital Partners has promoted Alex Mason to managing director and Steve Unterberger to managing director of operations. Mason was formerly a director at Carrick and a member of the founding team, Prior to Carrick, Mason worked at Accel-KKR as a vice president. He also worked at Technology Crossover Ventures. Unterberger had formerly been chief technology officer at Carrick, prior to which he held several positions at Exult, Inc.

118 Views

Ektron fetches additional funding from Accel-KKR

Nashua, New Hampshire-based Ektron, a provider of digital management solutions, has received additional funding from Accel-KKR. No financial terms were disclosed for this investment, which follows Accel-KKR’s earlier funding last April.

216 Views

Davison gets growth equity backing from Accel-KKR

F.W. Davison & Company, a provider of software solutions has received a minority growth equity investment from Accel-KKR. In conjunction with the investment, Greg Williams, managing director at Accel-KKR and David Cusimano, vice president at Accel-KKR, will join the board of directors.

304 Views

Accel-KKR invests in Delta Data Software

Accel-KKR has made a minority investment in Delta Data Software, a software business focusing on mutual fund trading, data management, revenue/expense management, compliance and analytics. Terms of the deal were not disclosed. Greg Williams, managing director at Accel-KKR, and David Cusimano, vice president, will join Delta’s board of directors.

144 Views

Accel-KKR invests in HighWire Press

Accel-KKR has acquired a majority stake in HighWire Press. No financial terms were disclosed. Stanford University, which founded HighWire Press in 1995, will retain its “significant” minority stake. Based in Redwood City, Calif., HighWire Press is a provider of tech solutions to scholarly publishers.

188 Views

Accel-KKR leads funding round for Ektron

Ektron, a web content and digital management solutions provider in Nashua, New Hampshire, has received an undisclosed amount of funding. Accel-KKR led the round. According to the company, the capital infusion will be used for product development and expansion. Concurrent with the funding, Greg Williams and David Cusimano of Accel-KKR will join the firm’s board of directors.

198 Views

Accel-KKR raises second structured capital fund

Accel-KKR has closed Accel-KKR Structured Capital Partners II with $325 million in committed capital, exceeding its target. The new fund continues the predecessor fund’s focus on making minority equity investments in growing technology companies via senior equity and other structured securities.

Oildex gets Accel-KKR backing

Transzap, a provider of Oildex smart information management solutions for the oil and gas industry has received a majority equity investment to support its strategic growth from Accel-KKR. The new partnership enables Oildex to make continued investments in its customers, existing solutions, new product development initiatives and market expansion. Oildex has offices in Denver and Houston.

NBGIPE Makes 4x on Ochre House

NBGI Private Equity has sold its majority stake in Ochre House Limited to US-based Pinstripe backed by Accel-KKR. The sale delivers a 4x return on NBGIPE’s original investment.

Big Data Company Applied Predictive Technologies Lands $100M from Goldman Sachs

Applied Predictive Technologies, a cloud-based data analytics software company, has received a $100 million minority investment from the merchant banking division of Goldman Sachs, the company announced today. APT, founded in 1999, was recapitalized in 2006 with $54 million from Accel-KKR and Adams Street Partners, according to Thomson Reuters (publisher of peHUB). APT says that 80 of the world’s largest corporations use its products. Its customers include American Greetings, OfficeMax and Owens Corning.

Accel-KKR Invests in PageUp People

Accel-KKR has backed PageUp People™, a multinational talent management solutions provider. The new funding will support the expansion of the company into global emerging and high growth markets.

Kana Software Completes Acquisition of Netherlands-Based Trinicom

Kana Software, a Silicon Valley-based customer service software company that has been majority owned by Accel-KKR since 2009, has completed its acquisition of Trinicom, a cloud-based Web customer service company in the Netherlands. Terms of the deal were not disclosed. PRESS RELEASE: KANA Software, Inc., a global leader of customer service solutions used by more […]

PE HUB Community

Join the 12518 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget