Accel-KKR completed the acquisition of a majority stake in NAVTOR.

Accel-KKR completed the acquisition of a majority stake in NAVTOR, a provider of navigational software for the maritime industry. Financial terms were not disclosed. "With Accel-KKR's backing, we see tremendous opportunities to take NAVTOR to the forefront of our industry, and to further serve our customers with a total ship operations platform – from navigation excellence to fleet optimization and crew performance. Specifically, we are very excited to be working with Accel-KKR given their breadth of software-specific and M&A capabilities to accelerate NAVTOR 's top-line growth," Børge Hetland, NAVTOR CCO and Co-Founder.