Bow River Capital-backed Accelo completed the acquisition of Forecast.

Bow River Capital-backed Accelo, a cloud-based PSA platform, completed the acquisition of Forecast, a company focused on AI-native project and resource management solutions. Financial terms were not disclosed. "From inception, we envisioned building a market-leading, native AI-enabled PSA system to support the world's best run consultancies regardless of size and unique business model requirements. With significant growth capital from Bow River Capital, and this combination with Accelo, we have capabilities to significantly enhance product roadmap innovations and will double-down on strategic client success investments and services," Dennis Kayser, Forecast Founder and CEO.