Ropes & Gray Advises Berkshire Partners in Acquisition of Accela
Ropes & Gray advised leading private equity firm Berkshire Partners in its agreement to acquire Accela from ABRY Partners and other shareholders. Accela provides a robust, cloud-based platform of solutions that increase engagement, improve efficiency and deliver transparency to strengthen communities, called the Accela Civic Platform. Its solutions serve more than 2,200 communities worldwide, including over half of America’s largest cities. The transaction closed on September 28, 2017.
The Ropes & Gray team included private equity partner Taylor Hart, tax partner Leo Arnaboldi, finance partner Sunil Savkar, IP transactions partner Jim DeGraw, benefits partner Renata Ferrari and private equity associate Hunter Sharp. Attorneys from across our offices, including Boston, New York, San Francisco and Chicago collaborated on the deal.