AccessPay

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: Undisclosed
• Sector: FinTech (Bank Integration & Payment Automation)
• Advisor: Not specified
• Key Entities: Target: AccessPay; Acquirer: Accel-KKR; Exiting Investors: Maven Capital Partners, True Ventures
• Location: 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.