Accel-KKR backs Seequent
Summary
Seequent’s solutions enable customers to create rich stories and uncover valuable insights from geological data, and ultimately make better decisions about their earth, environment and energy challenges.First introduced to the mining and minerals industry close to 15 years ago, Leapfrog® helps uncover valuable insights from geological data and enables geologists and executives alike to confidently make critical time-sensitive investment and environmental decisions.As we looked to our next phase of growth, we wanted an investment partner that was additive to our business in expertise and experience and was aligned with the Seequent vision to enable better decisions about earth environment and energy challenges.“We’re committed to helping Seequent reach its full potential and the opportunity to have an additional investment partner of the calibre of Accel-KKR to work alongside through this next stage in the company’s growth is a great result for the company.Accel-KKR bring significant resources, networks and expertise and the transaction provides a liquidity opportunity for the founding and existing shareholders,” says Seequent’s Chairman Nigel Bingham, a Managing Partner of Pencarrow Private Equity.