AccessPay

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 disclosed
• Sector: Fintech, Payments Software
• Advisor: Not mentioned
• Key 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.