M&A Deal Summary

Accel-KKR Acquires Tithe.ly

On January 1, 2022, private equity firm Accel-KKR acquired software company Tithe.ly

Acquisition Highlights
  • This is Accel-KKR’s 47th transaction in the Software sector.
  • This is Accel-KKR’s 73rd transaction in the United States.
  • This is Accel-KKR’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2022-01-01
Target Tithe.ly
Sector Software
Buyer(s) Accel-KKR
Deal Type Buyout (LBO, MBO, MBI)

Target

Tithe.ly

Nashville, Tennessee, United States
Tithe.ly is focused on helping churches, ministries, and other faith-based organizations modernize and manage their organizations through software offerings like digital giving, church management, custom church apps and websites, text and email messaging, and more. Tithe.ly was founded in 2015 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Accel-KKR

Menlo Park, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

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 103 of 117
Sector (Software) 47 of 52
Type (Buyout (LBO, MBO, MBI)) 26 of 29
State (Tennessee) 1 of 2
Country (United States) 73 of 81
Year (2022) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 Delta Data

Columbus, Georgia, United States

Delta Data is a provider of data governance and operational processing software for mutual fund securities and other pooled investment products that helps clients solve compliance mandates, mitigate risk and reduce costs. Delta Data was founded in 1985 and is based in Columbus, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 Envizi

Eveleigh, Australia

Envizi is a data and analytics software provider for environmental performance management. Envizi's software automates the collection and consolidation of more than 500 data types and supports major sustainability reporting frameworks. Its user-friendly and easily customized dashboards enable companies to analyze, manage and report on environmental goals, identify efficiency opportunities and assess sustainability risk. Envizi was founded in 2004 and is based in Eveleigh, Australia.

Sell -
Mergr

Product

Company

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