• Thursday, June 8, 2023

Accel-KKR Acquires Cloud ERP Tech Maker Springbrook

Jeff Brody

Private equity firm Accel-KKR has completed its acquisition of Springbrook Software from cloud technology provider Accela for an undisclosed sum.

Springbook said Tuesday it aims to deepen the company’s focus on efforts to deliver cloud-based enterprise resource planning software to local government customers in North America.

The Portland, Ore.-based firm designed its technology offerings to help agencies manage finance, payroll and human resources functions.

Max Schnoedl, Springbrook CEO, said that Accel-KKR has supported middle-market software providers in growth efforts for nearly two decades.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles

General Atomics Books $1.2B Award to Build, Test Navy Carrier-Based Launch System Contract Awards

General Atomics Books $1.2B Award to Build, Test Navy Carrier-Based Launch System

The U.S. Navy has awarded General Atomics a $1.19 billion modification to a contract centered on the aircraft launching platform of CVN 81, the future carrier USS Doris Miller. The firm-fixed-price, cost-plus-fixed-fee amendment includes additional scope to produce, assemble, test and manage the Electromagnetic Aircraft Launch System, and make necessary upgrades to legacy hardware and
Former DSCA Director Charles Hooper Appointed to General Dynamics Board Executive Moves

Former DSCA Director Charles Hooper Appointed to General Dynamics Board

Charles Hooper, a retired U.S. Army lieutenant general and former director of the Defense Security Cooperation Agency, has joined the board of directors at General Dynamics (NYSE: GD). “Hooper’s wealth of experience will help us continue to meet our customers’ needs, both in the U.S. and with our U.S. allies,” Phebe Novakovic, CEO of General
Ellen Lord, Bruce Crawford Named to Comtech Board Executive Moves

Ellen Lord, Bruce Crawford Named to Comtech Board

Ellen Lord, former undersecretary for acquisition and sustainment at the Department of Defense, and Bruce Crawford, a retired U.S. Army lieutenant general, have joined the board of directors of Comtech (Nasdaq: CMTL). Lord and Crawford bring to Comtech’s board their government and industry experience in the field of capability development, budget, acquisitions, organizational structures and
Become a Registered Reader
Register to enjoy unlimited access to articles, interviews, and invaluable govcon content. You'll also receive our daily briefing straight to your inbox.

This will close in 0 seconds