Welsh, Carson, Anderson & Stowe completed the acquisition of TrueCommerce from Accel-KKR.

Private equity firm Welsh, Carson, Anderson & Stowe completed the acquisition of TrueCommerce, a global provider of trading partner connectivity and integration solutions, from Accel-KKR. Financial terms were not disclosed. "Under our ownership, the Accellos-TrueCommerce-HighJump network grew revenues by 19x and completed 11 acquisitions as a clear strategy was executed. Its success is a culmination of the hard work of so many incredible people. We couldn't be happier for the TrueCommerce team, and we are excited to continue to support them and WCAS in their next phase of growth," Jason Klein, Accel-KKR Managing Director.