Asset Manager

Updated:

Accela

Accela provides permitting and licensing software used by more than 80% of America's largest cities.

Accela logo

Accela

It all starts with a connection. | Accela Group provides businesses with localised expertise across communications, finance and talent – empowering them with the knowledge needed to grow and evolve. As a professional yet compassionate partner we connect our clients to new communities, people and ways of working.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Ramon

Corporate office

San Ramon, CA, United States

Frequently asked questions

Is Accela a family office or a technology company?

Accela is a government-technology company, not a family office or asset manager. It sells cloud-based software to state and local governments for permits, licenses, and code enforcement. The firm generates revenue through SaaS subscriptions and professional services, not through investment activities.

Who are Accela's primary institutional investors?

Berkshire Partners acquired Accela in 2017. Francisco Partners made a growth investment in the company in 2020, joining Berkshire Partners as a co-investor. The two private-equity firms share ownership of the business.

Which cities use Accela's platform?

Publicly disclosed Accela customers include Austin, Chicago, Pittsburgh, and Washington, D.C. The company states that more than 80 percent of America's 60 largest cities use its platform. Public records show deployments in jurisdictions ranging from municipalities to state agencies.

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