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

Accel-KKR, a technology-focused investment firm, completed the acquisition of a majority stake in Teamcore, a retail execution platform that uses advanced data science to help supply chain & field teams. Financial terms were not disclosed. “The retail store is an important but complex and thin-margined channel that CPGs and retailers have to get right, especially in light of today’s disrupted supply chains, tight labor markets and busy consumer lifestyles. Teamcore’s advanced technology seeks to transform in-store data into insights and actions, and helps brands and retailers ensure products are always available for purchase. We believe there is a big market need for solutions like Teamcore and we are excited to partner with the company to tackle that challenge,” Phil Cunningham, Accel-KKR Managing Director.