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Accel-KKR and Francisco Partners completed a $550m investment in Vendavo.

Synopsis

Accel-KKR, a technology-focused private equity firm, and Francisco Partners, a private equity firm, completed a $550m investment in Vendavo, a company specializing in AI-enabled SaaS pricing and CPQ solutions. "Our solutions are already delivering tangible results for our customers, and they'll only grow in importance for the rest of the market as digital transformation and B2B omnichannel e-commerce become more widespread. Today, B2B organizations need the ability to quickly go to market with the right products at the right prices, every time. Meeting today's challenges and tomorrow's opportunities requires modern, intelligent solutions that enable commercial excellence," Bruno Slosse, Vendavo CEO.

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