Investment Summary

Accel-KKR Invests In Vitu

On September 15, 2015, private equity firm Accel-KKR invested in software company Vitu

Investment Highlights
  • This is Accel-KKR’s 18th transaction in the Software sector.
  • This is Accel-KKR’s 30th transaction in the United States.
  • This is Accel-KKR’s 5th transaction in California.

Investment Summary
Date 2015-09-15
Target Vitu
Sector Software
Investor(s) Accel-KKR
Deal Type Growth Capital

Target

Vitu

Agoura Hills, California, United States
Vitu is a provider of electronic vehicle registration software. Focused on developing innovative process management SaaS solutions, including electronic registration and titling (ERT) platforms, Vitu partners with state government agencies and businesses across the United States. Vitu is based in Agoura Hills, California.

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Investor(S) 1

Investor

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 37 of 117
Sector (Software) 18 of 52
Type (Growth Capital) 13 of 53
State (California) 5 of 11
Country (United States) 30 of 81
Year (2015) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-22 Abrigo

Austin, Texas, United States

Abrigo is a technology provider of compliance, credit risk, and lending solutions that community financial institutions use to manage risk and drive growth. Abrigo's software automates key processes – from anti-money laundering to fraud detection to lending solutions – empowering customers by addressing their enterprise risk management needs. Abrigo is based in Austin, Texas.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-29 Zinc Ahead

Princeton, New Jersey, United States

Zinc Ahead, Inc. is a provider of commercial content management solutions.

Sell $130M
Mergr

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Company

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