Accel-KKR Puts Strategic Cash Behind N-able Tech

Law360, New York (October 5, 2011, 4:44 PM EDT) -- N-able Technologies Inc., maker of remote monitoring and management automation software for managed service providers and information technology providers, said Wednesday that private equity firm Accel-KKR had infused it with a strategic growth equity investment.

The terms of the deal were confidential. Representatives for the companies did not immediately respond to requests for comment.

The investment is meant to fund the expansion of N-able's remote monitoring and management platform, to promote growth internationally, and to fund an aggressive buying program, the companies said in a joint...
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