M&A Deal Summary |
|
|---|---|
| Date | 2025-09-23 |
| Target | Arbiter |
| Sector | Internet Software and Services |
| Buyer(s) |
Accel-KKR
Serent Capital |
| Sellers(s) | Serent Capital |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 19.0B USD |
| Size | Mega |
| Type | Sector Focused |
Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 122 of 123 |
| Sector: Internet Software and Services M&A | 38 of 38 |
| Type: Secondary Buyout M&A Deals | 20 of 20 |
| State: Utah M&A | 1 of 1 |
| Country: United States M&A | 86 of 86 |
| Year: 2025 M&A | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-01 |
Smart Communications
London, United Kingdom Smart Communications is a provider of cloud solution for customer and business communications. Smart Communications was founded in 2004 and is based in London, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-15 |
Phocas
Sydney, Australia Phocas provides business intelligence (BI), financial planning and analysis (FP&A), and data analytics solutions for mid‑market companies. Phocas is based in Sydney, Australia. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 5.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Serent Capital is a private equity firm focused on investing in profitable, growing businesses featuring scalable business models and operating in sectors undergoing significant change. Serent looks for companies with $5 to $100 million in growing annual sales where it can commit $20 to $200 million of capital. Target transaction situations include buyouts, recapitalizations, and growth financings. Serent Capital was formed in 2008 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 76 of 77 |
| Sector: Internet Software and Services M&A | 16 of 17 |
| Type: Secondary Buyout M&A Deals | 3 of 3 |
| State: Utah M&A | 2 of 2 |
| Country: United States M&A | 72 of 73 |
| Year: 2025 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-25 |
Modern Campus
Camarillo, California, United States Modern Campus is a student lifecycle management solution provider driving Omni CMS and Destiny One, which empowers higher education institutions to thrive when radical change is required to successfully respond to lower student enrollments and revenue, rising costs, crushing student debt, and even school closures. Modern Campus was founded in 1995 and is based in Camarillo, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-14 |
CallRevu
New York, New York, United States CallRevu is a provider of call management software that leverages robust technology enabled by machine learning to provide its auto dealership customers with critical call performance data. CallRevu's key focus is to help automobile dealers measure and improve the most common contact point with their customers: the phone. CallRevu was founded in 2008 and is based in New York, New York. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 5.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Serent Capital is a private equity firm focused on investing in profitable, growing businesses featuring scalable business models and operating in sectors undergoing significant change. Serent looks for companies with $5 to $100 million in growing annual sales where it can commit $20 to $200 million of capital. Target transaction situations include buyouts, recapitalizations, and growth financings. Serent Capital was formed in 2008 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 31 |
| Sector: Internet Software and Services M&A | 6 of 6 |
| Type: Secondary Buyout M&A Deals | 5 of 6 |
| State: Utah M&A | 1 of 1 |
| Country: United States M&A | 28 of 29 |
| Year: 2025 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-25 |
Modern Campus
Camarillo, California, United States Modern Campus is a student lifecycle management solution provider driving Omni CMS and Destiny One, which empowers higher education institutions to thrive when radical change is required to successfully respond to lower student enrollments and revenue, rising costs, crushing student debt, and even school closures. Modern Campus was founded in 1995 and is based in Camarillo, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-14 |
CallRevu
New York, New York, United States CallRevu is a provider of call management software that leverages robust technology enabled by machine learning to provide its auto dealership customers with critical call performance data. CallRevu's key focus is to help automobile dealers measure and improve the most common contact point with their customers: the phone. CallRevu was founded in 2008 and is based in New York, New York. |
Sell | - |
