Accel-KKR to invest in PINC.

Accel-KKR, a technology-focused private equity firm, agreed to invest in PINC, a supply chain management software company. Financial terms were not disclosed. "The linkage between transportation and warehousing needs to be more seamless when complexity increases, and strong digital yard management can be a major operational cost driver in improving inventory management, labor costs, asset utilization, sustainability and facility costs. Together with Accel-KKR and its deep domain expertise in supply chain management technology, PINC is well-positioned to become a category leader in a fast-growing field, and ultimately serve the market and our customer base with more innovations and strategic acquisitions. We are tremendously excited about the company's future with Accel-KKR," Matt Yearling, PINC CEO.