AccessPay

Acquirer: Accel-KKR

Accel-KKR has acquired a majority stake in AccessPay, a Manchester-based FinTech specializing in bank integration and payment automation. This deal facilitates an exit for early investors like Maven Capital Partners and True Ventures, while empowering AccessPay to pursue significant growth, including through strategic acquisitions.Summary of transaction details:Value: UndisclosedSector: FinTech (Bank Integration & Payment Automation)Advisor: Not specifiedKey Entities: Target: AccessPay; Acquirer: Accel-KKR; Exiting Investors: Maven Capital Partners, True VenturesLocation: Manchester, UK (Target Company)Note: Accel-KKR's investment provides AccessPay with capital and strategic backing to expand its market presence and innovate at scale, aligning with Accel-KKR's focus on mission-critical solutions for the office of the CFO.

Acquirer: Accel-KKR

AccessPay, a leading bank integration and payment automation provider, has secured a majority investment from Accel-KKR, a prominent global private equity firm, in a Series D funding round. Summary of transaction details: Value: Not Disclosed Sector: Fintech Advisor: Not Disclosed Key Entities: AccessPay, Accel-KKR Location: Manchester, UK Note: This investment is expected to accelerate AccessPay's growth and enable the company to scale its services for enterprise clients and drive innovation in finance operations, marking a significant development in the fintech industry.

Acquirer: Accel-KKR

Accel-KKR, a US technology-focused investment firm, has successfully acquired AccessPay, a Manchester-based fintech company specializing in payments software. This strategic exit generated a 2.5x return for Maven Capital Partners' investment from the Northern Powerhouse Investment Fund.Summary of transaction details:Value: Not disclosedSector: Fintech, Payments SoftwareAdvisor: Not mentionedKey Entities: AccessPay (Target), Accel-KKR (Acquirer), Maven Capital Partners (Seller/Exiting Investor)Location: Manchester, UK (Target)Note: The acquisition by Accel-KKR is expected to further enhance AccessPay's capabilities in providing automated payment and bank statement data solutions, capitalizing on the increasing demand for integrated financial systems.

Acquirer: Accel-KKR

AccessPay has been acquired by Accel-KKR in a private equity deal delivering a 2.5x return for investors. Summary of transaction details: Value: £2.5m Sector: Fintech Advisor: Maven Capital Partners Key Entities: AccessPay, Accel-KKR Location: Manchester Note: The deal highlights the growing strength of technology businesses outside London and the role of regional investment funds in scaling high-growth companies.