Investment Summary

Accel-KKR and SAP Invest In Vistex

On January 23, 2019, private equity firm Accel-KKR and SAP invested in software company Vistex

Investment Highlights
  • This is Accel-KKR’s 32nd and SAP’s 35th transaction in the Software sector.
  • This is Accel-KKR’s 51st and SAP’s 31st transaction in the United States.
  • This is Accel-KKR’s 1st and SAP’s 3rd transaction in Illinois.

Investment Summary
Date 2019-01-23
Target Vistex
Sector Software
Investor(s) Accel-KKR
SAP
Deal Type Growth Capital

Target

Vistex

Hoffman Estates, Illinois, United States
Vistex is an enterprise software company that provides pricing, contract, and incentive management solutions and services. Vistex was founded in 1999 and is headquartered in Hoffman Estates, Illinois.

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Investor(S) 2

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 66 of 117
Sector (Software) 32 of 52
Type (Growth Capital) 27 of 53
State (Illinois) 1 of 3
Country (United States) 51 of 81
Year (2019) 2 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Cloud 9 Software

Roswell, Georgia, United States

Cloud 9 Software is a provider of cloud-based practice management systems for orthodontists, pediatric dentists, and dental/orthodontic service organizations. Cloud 9 Software was formed in 2009 and is based in Roswell, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-28 Humanforce

Sydney, Australia

Humanforce is a global provider of workforce management solutions for companies who need a flexible solution to manage complex workforces. Companies use Humanforce to manage everything from time and attendance, employee rostering, onboarding and availability. Humanforce was founded in 2002 and is based in Sydney, Australia.

Buy -
Investor

SAP

Walldorf, Germany
Category Company
Founded 1972
Sector Software
Employees108,133
Revenue 31.2B EUR (2023)
DESCRIPTION
SAP office in Downers Grove, Illinois.
SAP office in Downers Grove, Illinois.

SAP is a multinational software company that makes enterprise software to manage business operations and customer relations. SAP was founded in 1972 and is based in Walldorf, Germany.

DEAL STATS #
Overall 53 of 61
Sector (Software) 35 of 36
Type (Growth Capital) 1 of 1
State (Illinois) 3 of 3
Country (United States) 31 of 35
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-19 Contextor SAS

Orsay, France

Contextor SAS is a provider in the design and integration of innovative software solutions based on the performance of real-time increased interactions called Robotic Process Automation. Contextor SAS was founded in 2000 and is based in Orsay, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-25 SAP AG - Content as a Service

Germany

SAP AG - Content as a Service (CaaS) comprises environmental health and safety regulatory content (ERC) and environmental health and safety regulatory documentation (ERD) teams and data assets.

Sell -
Mergr

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