Accel-KKR

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.

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.

itselectric Wins Top $100,000 Prize in the 2023 QBE AcceliCITY Resilience Challenge

Retrieved on: 
Thursday, November 2, 2023

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- The 2023 QBE AcceliCITY Resilience Challenge, hosted by Leading Cities in partnership with QBE Insurance Group, concluded today with the City Solution of the Year awarded to itselectric, a groundbreaking company that is addressing the critical challenges of electric vehicle (EV) adoption by focusing on expanding and enhancing EV infrastructure through partnerships with private building owners.

Key Points: 
  • "At QBE, we are committed to helping promote resilience and sustainability in communities, and this year's Resilience Challenge winner itselectric has developed a solution with the potential to transform our cities."
  • itselectric was selected as the City Solution of the Year from a pool of more than 650 entrepreneurs from 80 countries who competed in the QBE AcceliCITY challenge.
  • The QBE AcceliCITY Resilience Challenge has quickly become one of the largest programs of its kind in the world and has demonstrated tremendous impact.
  • The QBE AcceliCITY program connects startup's smart solutions directly with users and provides the proper channels and know-how to deploy in cities.

ToolsGroup Acquires Evo for Industry-Leading Responsive AI

Retrieved on: 
Wednesday, September 27, 2023

The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available.

Key Points: 
  • The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available.
  • “The acquisition of Evo brings together two companies with complementary products, values, visions, and customers,” said ToolsGroup CEO, Inna Kuznetsova.
  • “ToolsGroup is a leader in Dynamic Planning, and the addition of Evo extends that lead with dynamic price optimization.
  • And Evo’s responsive AI gives us an essential ingredient to deliver the autonomous supply chain of the future.

Appspace Secures Strategic Growth Investment from Accel-KKR to Help Organizations Elevate the Workplace Experience

Retrieved on: 
Thursday, September 21, 2023

Both firms will combine their deep industry expertise and value creation resources to help accelerate Appspace's trajectory toward redefining the future of work.

Key Points: 
  • Both firms will combine their deep industry expertise and value creation resources to help accelerate Appspace's trajectory toward redefining the future of work.
  • As organizations implement and refine hybrid work models, they continue to struggle to keep employees connected and productive.
  • “For more than two decades, Appspace has been a leader in workplace communications and workplace management, offering the only software platform that bridges the gap between the physical and digital workplace,” says Tony DiBenedetto, Appspace CEO.
  • “This presents a great opportunity to work alongside Accel-KKR and the Appspace team to further Appspace’s innovation and global profitable growth.”

Unimarket Appoints Tech Veteran Phillip Kenney as New CEO

Retrieved on: 
Thursday, September 14, 2023

AUCKLAND, New Zealand, Sept. 14, 2023 /PRNewswire-PRWeb/ -- Unimarket, a global provider of eProcurement solutions, today announced the appointment of Phillip Kenney as its new CEO, succeeding Peter Kane, who has successfully led Unimarket to its status as a leader in procure-to-pay solutions since 2012.

Key Points: 
  • Kane, who will continue to serve as a company Director and remain one of Unimarket's largest shareholders, is succeeded by Kenney, a thirty-year veteran in technology, software, and eProcurement.
  • Kenney joins Unimarket after serving as CEO of NFINIT, a full-stack technology services company.
  • "I'm honored to be chosen as the new CEO of Unimarket and continue to fulfill our company's mission in developing the most intuitive, best-in-class eProcurement platform," said Phil Kenney.
  • "I have full confidence that Phillip is the right person to lead Unimarket as it enters its next growth stage.

Basware Appoints CEO

Retrieved on: 
Tuesday, August 22, 2023

CHARLOTTE, N.C., Aug. 22, 2023 /PRNewswire/ -- Basware, the leader in making AP automation and invoice processing happen, has announced the appointment of a permanent CEO.

Key Points: 
  • CHARLOTTE, N.C., Aug. 22, 2023 /PRNewswire/ -- Basware, the leader in making AP automation and invoice processing happen, has announced the appointment of a permanent CEO.
  • In his previous role as interim CEO since January 2023, Jason played a pivotal role in steering Basware towards its focus on the office of the CFO, reinventing Basware's brand, and accelerating its growth.
  • Jason assumed the role of interim CEO earlier this year following the take-private transaction of Basware in August 2022, by a consortium of investors led by software private equity firm Accel-KKR.
  • Dean Jacobson, Chairman of the Board at Basware, and Managing Director at Accel-KKR, welcomed Jason's appointment:
    "We are delighted to announce Jason Kurtz as the permanent CEO of Basware.

Strong Customer Gains and Standout US Growth Helps Entersekt Solidify Market Position

Retrieved on: 
Wednesday, August 16, 2023

“Our solid growth in a difficult global business climate is testament to Entersekt’s innovation and expertise addressing emerging fraud threats,” said Schalk Nolte, Entersekt CEO.

Key Points: 
  • “Our solid growth in a difficult global business climate is testament to Entersekt’s innovation and expertise addressing emerging fraud threats,” said Schalk Nolte, Entersekt CEO.
  • The market has shown itself eager to adopt our technology which has a proven track record with financial institutions around the world,” Nolte explained.
  • The Entersekt team continued to solidify new partnerships in all regions, improving it’s go-to-market scale and creating new market opportunities.
  • To support the significant growth and opportunity in the US market, Entersekt made ten new director, VP or C-level hires in the US in FY23.