Accel-KKR

Recurly Strengthens C-Suite; Appoints Lina Tonk as Chief Marketing Officer

Retrieved on: 
Tuesday, April 23, 2024

Recurly , a leading subscription management and billing platform, is proud to announce the appointment of Lina Tonk as Chief Marketing Officer (CMO) to its executive leadership team.

Key Points: 
  • Recurly , a leading subscription management and billing platform, is proud to announce the appointment of Lina Tonk as Chief Marketing Officer (CMO) to its executive leadership team.
  • View the full release here: https://www.businesswire.com/news/home/20240423932316/en/
    Recurly, a leading subscription management and billing platform, is proud to announce the appointment of Lina Tonk as Chief Marketing Officer to its executive leadership team.
  • “We’re thrilled to welcome Lina to the Recurly team,” said Joe Rohrlich, CEO at Recurly.
  • Most recently, Tonk has excelled as Chief Experience Officer and Chief Marketing Officer at isolved, a leader in the human capital management industry and, like Recurly, is part of the Accel-KKR portfolio of companies.

Proposed Changes to BenevolentAI’s Board Composition

Retrieved on: 
Monday, April 15, 2024

Dr. Joerg Moeller, Chief Executive Officer, Jean Raby, Senior Independent Director, Prof. Sir Nigel Shadbolt and Dr. John Orloff, both Non-Executive Directors, will all continue in their respective positions on the Board of BenevolentAI.

Key Points: 
  • Dr. Joerg Moeller, Chief Executive Officer, Jean Raby, Senior Independent Director, Prof. Sir Nigel Shadbolt and Dr. John Orloff, both Non-Executive Directors, will all continue in their respective positions on the Board of BenevolentAI.
  • Subject to their appointment at the AGM, it is proposed that Mr. Allen acts as Chair and Mr. Mulvany acts as Deputy Chair of the Board.
  • Together with the rest of the Board, they will support Chief Executive Dr. Jeorg Moeller and his team on implementing the Company’s strategy.
  • He has extensive Board experience in public and private companies and is currently Chairman of Bioventix plc, where he was appointed in 2004 and a Board Trustee of LifeArc, a leading UK medical research charity.

Bestpass Adds Innovation and Growth Executives

Retrieved on: 
Tuesday, March 26, 2024

Bestpass is pleased to welcome Shay Demmons as Chief Product Officer and Scott Chao, as Chief Marketing Officer.

Key Points: 
  • Bestpass is pleased to welcome Shay Demmons as Chief Product Officer and Scott Chao, as Chief Marketing Officer.
  • These strategic hires will aid in Bestpass' commitment to scale its service offerings and network integrations for commercial fleets and owner operators.
  • "We're thrilled to have Shay and Scott join the team at Bestpass," said Tom Fogarty, CEO of Bestpass.
  • "We set out to build out our Innovation and Growth teams by attracting accomplished leaders as our first C-Level executives in Product and Marketing.

Basware Announces Major Global Expansion Drive as Bookings Grow 52% in 2023

Retrieved on: 
Tuesday, February 20, 2024

CHARLOTTE, NC and LONDON, Feb. 20, 2024 /PRNewswire/ -- Basware , a global leader in AP automation and invoice processing, has announced major global expansion plans as Bookings rose 52 per cent and Recurring Revenue Growth accelerated year-over-year (YoY) in 2023.

Key Points: 
  • CHARLOTTE, NC and LONDON, Feb. 20, 2024 /PRNewswire/ -- Basware , a global leader in AP automation and invoice processing, has announced major global expansion plans as Bookings rose 52 per cent and Recurring Revenue Growth accelerated year-over-year (YoY) in 2023.
  • In 2023, Basware acquired Glantus alongside expanding its footprint globally, including markets such as APAC and Southern Europe.
  • In 2023, Basware handled over 220 million invoices and $900bn in invoice spend through its platform.
  • To drive further growth, Basware has developed a partner first strategy, bolstered by the appointment of Kevin Farrell in 2023 as SVP, Business Development and Alliances.

Basware Announces Major Global Expansion Drive as Bookings Grow 52% in 2023

Retrieved on: 
Tuesday, February 20, 2024

CHARLOTTE, NC and LONDON, Feb. 20, 2024 /PRNewswire/ -- Basware , a global leader in AP automation and invoice processing, has announced major global expansion plans as Bookings rose 52 per cent and Recurring Revenue Growth accelerated year-over-year (YoY) in 2023.

Key Points: 
  • CHARLOTTE, NC and LONDON, Feb. 20, 2024 /PRNewswire/ -- Basware , a global leader in AP automation and invoice processing, has announced major global expansion plans as Bookings rose 52 per cent and Recurring Revenue Growth accelerated year-over-year (YoY) in 2023.
  • In 2023, Basware acquired Glantus alongside expanding its footprint globally, including markets such as APAC and Southern Europe.
  • In 2023, Basware handled over 220 million invoices and $900bn in invoice spend through its platform.
  • To drive further growth, Basware has developed a partner first strategy, bolstered by the appointment of Kevin Farrell in 2023 as SVP, Business Development and Alliances.

Accel-KKR to Acquire Accertify from American Express

Retrieved on: 
Tuesday, January 16, 2024

MENLO PARK, Calif. and ITASCA, Ill., Jan. 16, 2024 /PRNewswire/ -- Accel-KKR, a technology-focused private equity firm, today announced that it has reached an agreement with American Express (NYSE: AXP) to acquire Accertify, a wholly owned subsidiary. Accertify is a leading provider of fraud prevention, chargeback management, account protection, and payment gateway solutions. Accertify's advanced technologies help protect many businesses and increase their operational efficiency. The customers of the business include 40% of the Top 100 online retailers, major global airlines, prominent sports betting platforms, and more. The investment will enable Accertify to accelerate its growth and product innovation in the global fraud prevention market as an independent entity. Terms are not disclosed.

Key Points: 
  • MENLO PARK, Calif. and ITASCA, Ill., Jan. 16, 2024 /PRNewswire/ -- Accel-KKR, a technology-focused private equity firm, today announced that it has reached an agreement with American Express (NYSE: AXP) to acquire Accertify, a wholly owned subsidiary.
  • The investment will enable Accertify to accelerate its growth and product innovation in the global fraud prevention market as an independent entity.
  • "We have experienced tremendous growth and accomplished so much with American Express; our thanks to Amex for their support and leadership."
  • Barclays served as exclusive financial advisor and Cleary Gottlieb Steen & Hamilton LLP served as legal advisor to American Express.

Recurly Welcomes Joe Rohrlich as CEO

Retrieved on: 
Thursday, January 11, 2024

SAN FRANCISCO, Jan. 11, 2024 /PRNewswire/ -- Recurly , a leading subscription management and billing platform, announces the appointment of Joe Rohrlich as its new Chief Executive Officer (CEO).

Key Points: 
  • SAN FRANCISCO, Jan. 11, 2024 /PRNewswire/ -- Recurly , a leading subscription management and billing platform, announces the appointment of Joe Rohrlich as its new Chief Executive Officer (CEO).
  • With an impressive track record and proven leadership, Rohrlich assumes the role of CEO at Recurly, bringing a wealth of experience in scaling technology companies and a demonstrated ability to accelerate growth.
  • "I am thrilled to join Recurly," says Rohrlich.
  • In his role as CEO, Rohrlich will ensure alignment with Recurly's strategic objectives and commitment to deliver exceptional value to all stakeholders.

IntegriChain Announces Close of Nordic Capital Majority Investment

Retrieved on: 
Tuesday, December 19, 2023

PHILADELPHIA, Dec. 19, 2023 /PRNewswire/ -- IntegriChain today announced the close of an investment agreement whereby Nordic Capital has acquired the majority stake in IntegriChain. IntegriChain's integrated ICyte Platform helps pharma manufacturers connect the commercial, financial, and operational dimensions of drug commercialization, access, and profitability. Nordic Capital, a leading sector-specialized private equity investor with a broad portfolio in Healthcare and Pharma, acquired the majority stake from Accel-KKR, a global software private equity firm, which first invested in IntegriChain in 2016.

Key Points: 
  • PHILADELPHIA, Dec. 19, 2023 /PRNewswire/ -- IntegriChain today announced the close of an investment agreement whereby Nordic Capital has acquired the majority stake in IntegriChain.
  • IntegriChain's integrated ICyte Platform helps pharma manufacturers connect the commercial, financial, and operational dimensions of drug commercialization, access, and profitability.
  • Nordic Capital, a leading sector-specialized private equity investor with a broad portfolio in Healthcare and Pharma, acquired the majority stake from Accel-KKR, a global software private equity firm, which first invested in IntegriChain in 2016.
  • Nordic Capital has unique experience at the crossroads of Pharma, healthcare technology, and payments technology.

Ntracts Secures Significant Investment from Accel-KKR

Retrieved on: 
Wednesday, December 13, 2023

Ntracts, a leading contract lifecycle management solution for healthcare organizations, today announced a significant capital investment from Accel-KKR, a global technology-focused private equity firm.

Key Points: 
  • Ntracts, a leading contract lifecycle management solution for healthcare organizations, today announced a significant capital investment from Accel-KKR, a global technology-focused private equity firm.
  • The investment will help Ntracts accelerate its go-to-market strategies and continue to seek to lead the market with product innovations.
  • Furthermore, Ntracts’ implementation roadmap emphasizes partnership and collaboration with each client, and Ntracts takes on the full responsibility of each implementation.
  • “Ntracts’ contract management software is a powerful tool that can help healthcare organizations of all sizes manage their contracts more efficiently and effectively.”
    Brentwood Capital Advisors acted as exclusive financial advisor to Ntracts.

Nordic Capital acquires majority share in IntegriChain, the only fully integrated platform for pharma commercialization and market access

Retrieved on: 
Wednesday, November 8, 2023

IntegriChain delivers pharma's only fully integrated platform for commercialization and market access, helping manufacturers bring their science to market while ensuring patients have affordable, timely, and sustainable access to therapy.

Key Points: 
  • IntegriChain delivers pharma's only fully integrated platform for commercialization and market access, helping manufacturers bring their science to market while ensuring patients have affordable, timely, and sustainable access to therapy.
  • Nordic Capital is acquiring the majority stake from Accel-KKR, a global software private equity firm, which first invested in IntegriChain in 2016.
  • IntegriChain's integrated ICyte Platform helps connect the commercial, financial, and operational dimensions of drug access and profitability.
  • Josh Halpern, Co-Founder and CEO of IntegriChain, said: "We're pleased to have Nordic Capital as a new partner to support us on our journey.