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Announced

Completed

Accel-KKR completed an investment in Riverside-backed Loftware.

Financials

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Transaction Value-
Consideration TypeCash
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Completed

Software

Acquisition

Minority

United States

Private Equity

Single Bidder

digital services

Domestic

information technology

Private

Friendly

Synopsis

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Accel-KKR, a private equity firm, completed an investment in Riverside-backed Loftware, a technology company. Financial terms were not disclosed. “Riverside Partners has been an invaluable advisor and supporter as we pursued growth in the past several years, and we are delighted that they will remain a significant investor in our business. We are equally excited to welcome Accel-KKR to Loftware. Now backed by not just one but two leading technology investors, we are poised to do even more for our customers, partners, and employees as we accelerate our global growth plans,” Robert O’Connor, Loftware President and CEO.

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