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Announced

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

Synopsis

Accel-KKR, a technology-focused private equity firm, completed the acquisition of a majority stake in INX Software, an Australian provider of compliance, workforce management, training and reporting software for complex and high-risk industries. Financial terms were not disclosed. "INX provides mission-critical solutions that allow customers to run vital day-to-day operations, keep up with ever-evolving regulatory requirements and grow across multiple jurisdictions without missing a beat. Given our experience in vertical software, helping companies expand their markets and deliver innovative products, we look forward to helping INX on the next phase of growth," Dean Jacobson, Accel-KKR Managing Director.

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