Accel-KKR completes acquisition of Accertify, Inc. from American Express to drive accelerated growth and innovation
Acquiring Company
Accel-KKR Co
Acquired Company
Accertify
Menlo ParkItascaFinancial ServicesFinanceVenture CapitalAngel InvestmentFintechFinancial ServicesSoftwareGamblingDescription
Accel-KKR, a technology-focused private equity firm, has successfully completed the carveout acquisition of Accertify from American Express. As a standalone private company, Accertify will embark on a focused strategy to accelerate growth and product innovation in the global fraud protection technology market.
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Who acquired Accertify?
Accertify was acquired by Accel-KKR Co, based in Menlo Park. The deal was reported on May 2, 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 May 2, 2024. Accel-KKR, a technology-focused private equity firm, has successfully completed the carveout acquisition of Accertify from American Express. 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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