Accel-KKR to acquire a majority stake in MidEuropa-backed Symfonia.

Accel-KKR, a technology-focused investment firm, agreed to acquire a majority stake in MidEuropa-backed Symfonia, an accounting, payroll and ERP software solutions provider. Financial terms were not disclosed. "I am incredibly proud of what our Symfonia team has accomplished with the support of MidEuropa in establishing our independence and cementing our market leadership. I believe the success that we achieved in just two years is a phenomenon in the Polish technology market. We're just getting started: we have ambitious plans, and with the global experience, software domain expertise and M&A depth that Accel-KKR brings to the table, we believe we can expand our leadership in and beyond Poland even more quickly and effectively," Piotr Ciski, Symfonia CEO.