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Accel-KKR to Acquire Accertify from American Express

PRIVATEJan 16, 2024

Acquiring Company

Accel-KKR Co

Acquired Company

Accertify

Menlo ParkItascaFinancial ServicesFinanceVenture CapitalAngel InvestmentFintechFinancial ServicesSoftwareGambling

Description

Accel-KKR, a technology-focused private equity firm, has reached an agreement with American Express to acquire Accertify, a leading provider of fraud prevention, chargeback management, and payment gateway solutions. The acquisition will enable Accertify to accelerate its growth and product innovation as an independent entity, driving innovation in the fight against fraud in the global market.

Company Information

Company

Accel-KKR Co

Location

Menlo Park, California, United States

About

Accel-KKR is a technology-focused private equity firm founded in 2000. It specializes in investing in software and IT-enabled services companies. The firm benefits from extensive experience in helping technology businesses expand internationally. Accel-KKR aims to maximize market opportunities for its portfolio companies by providing resources and strategic support.

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Frequently asked

Who acquired Accertify?

Accertify was acquired by Accel-KKR Co, based in Menlo Park. The deal was reported on January 16, 2024. Accel-KKR is a technology-focused private equity firm founded in 2000. It specializes in investing in software and IT-enabled services companies. Accel-KKR Co is privately held and operates in Financial Services.

When did Accel-KKR Co acquire Accertify?

Accel-KKR Co's acquisition of Accertify was reported on January 16, 2024. Accel-KKR, a technology-focused private equity firm, has reached an agreement with American Express to acquire Accertify, a leading provider of fraud prevention, chargeback management, and payment gateway solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Accertify do?

Accertify, a wholly owned subsidiary of American Express, is a leading provider of fraud prevention, chargeback management, account protection, and payment gateway solutions. It is privately held, operating in Financial Services, and is based in Itasca.

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