Accel-KKR-backed Springbrook completed the acquisition of BIAS Software.

Accel-KKR-backed Springbrook, a provider of fully integrated, cloud-based ERP and payments software for local governments, completed the acquisition of BIAS Software, a provider of cloud-based accounting software for local public agencies. Financial terms were not disclosed. "Since becoming an independent company singularly focused on serving local governments, we continue to look for ways to add value to our customers. We see tremendous synergy in building on BIAS's expertise in OCBOA-compliant financial administration software and to deepen Springbrook's market leadership position in the US Pacific Northwest region in partnership with BIAS co-founders Mark Felchlin and Wes Hein," Max Schnoedl, Springbrook's CEO.