NEWS & INSIGHTS

MyComplianceOffice Receives Strategic Debt Financing from Accel-KKR Credit Partners

Accel-KKR | Feb 11, 2021

Dublin, Ireland – February 11, 2020MyComplianceOffice Ltd. (“MCO” or the “Company”) has secured a debt investment from Accel-KKR Credit Partners, a fund managed by Accel-KKR, a leading global software-focused investment firm headquartered in Silicon Valley.

MCO provides compliance solutions for financial institutions and corporations globally. The software monitors employee stock trading, manages material non-public information, analyzes vendor risk, and performs other key compliance requirements.

“Today, MCO is a leader in compliance software but we started from humble beginnings,” said Brian Fahey, CEO and Founder. “We have been self-financed since the beginning and grew over the years by listening to our customers and building solutions that they need. When we considered bringing on institutional capital to consolidate ownership amongst the lead internal shareholders, we were very selective. We wanted to work with a firm that understood entrepreneurship and particularly, software business models – and Accel-KKR was the perfect fit. We are excited about the next phase of our trajectory.”

“Brian and his team have built a great business by being laser focused on a complex niche in the compliance space,” said Samantha Shows, Managing Director at Accel-KKR. “MyComplianceOffice is a critical component in a firm’s strategy to meet its compliance obligations. We look forward to continuing to see MCO add value through its product development and increased market penetration.”

About MCO:

Founded in 2005 and headquartered in New York, MCO provides compliance management software that enables companies around the world to reduce their risk of misconduct. The MyComplianceOffice platform lets compliance professionals demonstrate they are proactively managing the regulated activities of employees, third-party vendors, and other agents of the firm. Available as a unified suite or à la carte, our easy-to-use and extensible SaaS-based solutions get clients up and running quickly and cost-efficiently. Visit mycomplianceoffice.com to learn more.

About Accel-KKR:

Accel-KKR is a technology-focused investment firm with over $10 billion in capital commitments. The firm focuses on software and tech-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 alongside management by leveraging the significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority growth investments and credit alternatives. Accel-KKR also invests across a wide range of transaction types including private company recapitalizations, divisional carve-outs and going-private transactions. In 2019 and 2020, Inc. named Accel-KKR to “PE 50 – The Best Private Equity Firms for Entrepreneurs“, an annual list of founder-friendly private equity firms. Accel-KKR is headquartered in Menlo Park with additional offices in Atlanta and London. To learn more, visit accel-kkr.com.

About Accel-KKR Credit Partners:

Accel-KKR Credit Partners provides debt financing to leading software businesses. The fund structures non-dilutive investments for founder-owned businesses and flexible credit products for institutionally-owned businesses.  The debt capital is used to support acquisitions, dividends, shareholder buy-backs and growth investment. Accel-KKR Credit Partners has completed over 30 investments and deployed over $350 million in capital.