News & Insights

Banker’s Toolbox Announces a Strategic Equity Partnership with Accel-KKR

Technology-focused private equity firm invests in the growth of leading financial crime detection software provider

AUSTIN, TX – JULY 22, 2015 – Banker’s Toolbox, Inc., the leading provider of Bank Secrecy Act antimoney
laundering compliance and fraud prevention solutions for the financial industry, announced
today it has received a significant equity investment to support its strategic growth from Accel-KKR, a
leading technology-focused private equity firm.

The new partnership enables Banker’s Toolbox to make continued investments in its existing solutions,
new product development initiatives and market expansion.

“Banker’s Toolbox was looking for a partner with the resources, expertise and track record of
accelerating growth for small software companies like us,” said Daniel Cho, Founder and CEO of Banker’s
Toolbox. “We are convinced Accel-KKR will provide the support Banker’s Toolbox needs to break new
ground and we are excited to team with them to further drive growth.”

Banker’s Toolbox views Accel-KKR’s investment as an affirmation of the strength of its financial crime
compliance and prevention solutions and a reinforcement of the important role that these solutions
play in the dynamic financial services market. As payment channels proliferate and financial crime
becomes ubiquitous across increasingly diverse channels, Banker’s Toolbox remains strictly focused on
delivering innovative software and services to enable financial institutions of all kinds to efficiently and comprehensively manage their regulatory requirements and reduce losses due to fraud.

“Banker’s Toolbox has demonstrated all the characteristics that Accel-KKR looks for: a proven
management team, a loyal client base, deep domain expertise and an industry leading technology
platform,” said Fred Sturgis, Managing Director at Accel-KKR. “Daniel and his team have had success in
driving sustained growth in a highly capital efficient manner. We look forward to bringing our
considerable network to bear and working in partnership to facilitate the execution of Banker’s
Toolbox’s ambitious growth plan.”

Raymond James Financial, Inc. served as financial advisor to Banker’s Toolbox in connection with this
transaction. The terms of the deal were not disclosed.

About Accel-KKR

Accel-KKR is a technology-focused private equity firm with $2.3 billion in assets under management. The
firm invests primarily in software and technology-enabled businesses well positioned for topline and
bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing
strong partnerships with the management teams of its portfolio companies and a focus on building
value through the significant resources available through the Accel-KKR network. Accel-KKR has a
particular focus on buyouts and recapitalizations of family-owned or closely-held private companies,
going-private transactions and divisional buyouts of larger companies. It invests across a range of
structures, functions as minority or majority investors and commits a wide range of capital – from less
than $10 million to over $100 million. The firm has offices in Menlo Park and Atlanta. For more
information, please visit

About Banker’s Toolbox, Inc.

Austin, TX-based Banker’s Toolbox, Inc. helps community financial institutions manage risk and
streamline compliance examinations. The company’s product suite consists of proven solutions for
money laundering detection and reporting, risk management through fraud prevention, secure wire
processing automation, and commercial real estate loan portfolio risk assessment. The Banker’s Toolbox
team is a unique combination of seasoned bankers, former regulators, and information technology
consultants who specialize in designing, developing, and implementing risk management solutions while
providing unparalleled customer service. For more information, visit the company’s website at

For more information, please visit
Banker’s Toolbox Contact: Bob Kim, Chief Relationship Officer
Phone: 512-279-5799