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New Deal


Announced

Accel-KKR to invest in Entersekt.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Tags

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Private

Acquisition

South Africa

Minority

Payments / Commerce

Cross Border

Private Equity

payments servces

Single Bidder

Pending

Friendly

Synopsis

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Accel-KKR, a technology-focused private equity firm, agreed to invest in Entersekt, a provider of device identity and authentication solutions. Financial terms were not disclosed. “We are very excited to have Accel-KKR on board. The industry is experiencing a wave of innovation in areas like omnichannel and passwordless authentication, 3-D Secure and open banking, all of which are strategic focus areas for Entersekt. The investment from Accel-KKR will help us scale our business to reach more organizations across more regions with our cloud-first solutions,” Schalk Nolte, Entersekt CEO.

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