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Accel-KKR completes acquisition of Accertify, Inc. from American Express to drive accelerated growth and innovation

May 02, 2024over 1 year ago

Acquiring Company

Accel-KKR

Acquired Company

Accertify

Menlo ParkItascaFinanceFinancial ServicesFinancial Services

Description

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.

Company Information

Company

Accel-KKR

Location

Menlo Park, California, United States

About

Accel-KKR is a technology-focused private equity firm with a track record in technology investing and successful large corporate divestitures. The firm specializes in helping technology companies grow and providing expertise to drive innovation and market growth.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed