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Technology, Media & Telecom
2024

Accel-KKR has sold a majority equity stake in Springbrook Software to Five Arrows

Client: Accel-KKR

Client Location: United States

Target: Springbrook Software Inc

Target Location: United States

Acquirer: Five Arrows Principal Investments

Acquirer Location: United Kingdom

Target Description: Springbrook Software has been a trusted leader in local government software for over 35 years. Its flagship product, Cirrus, is a multi-tenant Software as a Service (SaaS) cloud-based enterprise resource planning (ERP) and payments platform designed specifically for the needs of local governments.

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