Berkshire Partners Acquires Accela for Undisclosed Sum
Berkshire Partners, LLC, a Boston-based investment firm, has completed its acquisition of Accela, Inc. Accela is a leading provider of civic engagement software solutions for state, county and municipal governments.
Accela’s platform streamlines critical functions and drives day-to-day operations of municipalities, including permitting and licensing solutions and land management tools that can be delivered via cloud or on premise. By using innovative software solutions to facilitate core civic processes and relieve administrative burdens, governments are better able to serve citizens and businesses in their communities.
Based in San Ramon, CA, the company currently serves more than 2,000 customers worldwide. Accela had previously raised $235 million from leading investors, including Landmark Growth Capital, Partners Primary Venture Partners and ABRY Partners.
“Accela has a unique combination of excellent product, talented leadership and tremendous growth opportunities in the United States and abroad,” said Mark Jung, executive chairman of the board of Accela and an advisory director at Berkshire Partners. “I look forward to partnering with Berkshire, Ed, and the rest of the team as the company continues its impressive growth.”