In the News: Accellos Receives Strategic Equity Investment from Accel-KKR

filed under Company, In the News

Accellos News Found in the Following Publications:

Mergers & Acquisitions (www.themiddlemarket.com)

Accel-KKR has invested in Accellos Inc., a supply-chain execution software maker.  The target, headquartered in Colorado Springs, also provides warehouse management, third party logistics, fleet management, transportation management, trading-partner integration, barcode data collection and parcel shipping services.  Accel-KKR is a technology-focused firm with more than $2.3 billion in assets under management. The Menlo Park, Calif.-based firm’s portfolio companies include iTradeNetwork, Endurance International Group and Paymentus. The terms of the investment weren’t disclosed.  Read More.. 

 

CNN Money – The Term Sheet (finance.fortune.cnn.com)

Accel-KKR has acquired a majority stake in Accellos Inc., a Colorado Springs, Colo–based provider of supply chain execution software for small and mid-sized businesses. No financial terms were disclosed. Sellers include Centennial Ventures, Monitor Clipper Partners, Murphree Venture Partners and Roynat Capital. www.accel-kkr.com  Read More..

 

Dow Jones LBO Wire (pevc.dowjones.com)

 

Accel-KKR is betting on continued appetite among small companies for technologies that help them improve their supply-chain management with its investment in software provider Accellos Inc. The technology-focused firm said it took a majority stake in venture-backed Accellos, which provides supply chain software to help small and midsize businesses with warehouse management, third-party logistics, transportation management and advanced data collection…. Read More..

 

TechRockies (www.techrockies.com)

Colorado Springs-based Accellos, which develops supply chain management software for SMBS, has scored a major investment from private equity firm Accel-KKR. Details of the investment were not announced. According to Accel-KKR, the funding gives it a majority equity stake in Accellos. Accellos is headed by Michael Cornell. Accellos serves small and midsized businesses with software used to manage their supply chain; the company says its has over 3,000 customers in 27 countries. Read More..

 

The Denver Post (www.denverpost.com)

MENLO PARK, Calif. and COLORADO SPRINGS, Colo., Oct. 16, 2012 /PRNewswire/ — Accel-KKR, a technology-focused private equity investment firm, today announced it has made a majority equity investment in Accellos, Inc., the leading supply chain execution software company focused on the SMB segment.  Read More.. 

 

PitchBook (my.pitchbook.com)

Accel-KKR has completed a majority equity investment in Accellos, a maker of supply chain execution software. The deal provides an exit opportunity to a host of VC backers that provided Accellos with a total of $51.4 million in funding across two early stage rounds. Accellos focuses its services on small- and medium-sized business and currently serves more than 3,000 customers in 27 countries. Read More..

 

Colorado Springs Gazette (www.gazette.com)

A California private equity investment firm focused on technology has acquired a majority interest in Accellos Inc., a Colorado Springs-based software developer for the warehouse and supply chain industries. Terms of the transaction with Menlo Park, Calif.-based Accel-KKR were not disclosed, but Accellos said in a press release Tuesday that the deal was facilitated in part by previous investors Centennial Ventures of Denver, Monitor Clipper Partners of Cambridge, Mass., and Murphree Venture Partners of Houston. Read More..

 

PEHub (www.pehub.com)

Accel-KKR has taken a majority stake in supply chain execution software company Accellos Inc. Terms of the deal were not released.  Accel-KKR, a technology-focused private equity investment firm, today announced it has made a majority equity investment in Accellos, Inc., the leading supply chain execution software company focused on the SMB segment. Read More.. 

 

Denver Business Journal (www.bizjournals.com)

Accellos Inc., a Colorado Springs-based software developer, is now majority owned by a California private equity firm, The Gazette reports.  The terms of Accel-KKR’s investment in Accellos weren’t disclosed. The Menlo, Calif., company, which was started in 2000 by Kohlberg Kravis Roberts and Accel Partners, invests in software and IT businesses.  Accellos will keep its headquarters in Colorado Springs. The company employs 80 people. Read More..

 

SandHill (sandhill.com)

Accellos was formed because its principals believe that there is a better way. A way to provide more innovation for less investment. To offer a comprehensive suite of supply chain execution solutions where only point solutions existed before. To foster a culture that is focused on delivering value to its stakeholders, customers, employees and partners.  Read More..

 

CityBizList New York (newyork.citybizlist.com)

Accel-KKR, a technology-focused private equity investment firm, today announced it has made a majority equity investment in Accellos, Inc., the leading supply chain execution software company focused on the SMB segment.
Continuing its track record of investing behind leading supply chain technology providers, and leaders in delivering technology solutions to SMB segments across industries, Accel-KKR is backing Accellos as it drives growth and rapid adoption of its unified suite of supply chain execution solutions.  
Read More.. 

 

HeraldOnline.com (www.heraldonline.com)

MENLO PARK, CALIF. AND COLORADO SPRINGS, COLO., OCT. 16, 2012 — /PRNewswire/ — Accel-KKR, a technology-focused private equity investment firm, today announced it has made a majority equity investment in Accellos, Inc., the leading supply chain execution software company focused on the SMB segment.  Read More..

 

ColdConnection (Global Cold Chain Alliance  www.gcca.org)

Accellos announced that Accel-KKR has made a strategic equity investment in Accellos. Accellos also issued a case study of Prophesy Transportation Software customer Meiborg Brothers Inc. Read More..

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