Accel-KKR completes acquisition of Accertify, Inc. from American Express to drive accelerated growth and innovation
May 02, 2024•about 1 year ago
Acquiring Company
Accel-KKR
Acquired Company
Accertify
Menlo ParkItascaFinanceFinancial ServicesFinancial ServicesDescription
Accel-KKR, a technology-focused private equity firm, has successfully completed the carveout acquisition of Accertify from American Express. As a standalone private company, Accertify will embark on a focused strategy to accelerate growth and product innovation in the global fraud protection technology market.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed