Delta Data Software, the industry leader in Mutual Fund Trading, Data Management, Revenue/Expense Management, Compliance, and Analytics, announced that it has closed a growth equity investment by Accel-KKR.  This minority investment, the company's first institutional round, will enable Delta Data to accelerate its growth, further expand its industry-leading product portfolio, and improve service for its existing customer base. Terms of the investment were not disclosed.

As a part of the investment, Greg Williams, Managing Director at Accel-KKR, and David Cusimano, Vice President at Accel-KKR, will join the Board of Directors.  Greg Williams cited the management team, leading market position, and strong product portfolio as key factors in Accel-KKR's decision to partner with Delta Data.

"Accel-KKR is excited to partner with the team at Delta Data to help drive continued growth in the business.  Delta Data has helped solve complex problems for leading financial services customers over several years and has positioned itself going forward to significantly broaden its leadership position in the sector," said Greg Williams, Managing Director at Accel-KKR.

The investment will help facilitate the company's ongoing growth and increase the breadth of solutions provided to the Financial Services industry.  Delta Data Software's focus is on solutions within the Mutual Fund product manufacturing, distribution and transfer agency vertical. The company's employees have focused over the past 30 years on establishing Delta Data as a premier thought leader in this vertical.

"For the past 30 years, we have established a strong base of clients and solutions for the mutual fund industry. This partnership validates our strategy and provides Delta Data the financial resources required to accelerate the next phase of our growth and innovation," stated Burton Keller, Executive Vice President. "Accel-KKR's investment is a testament to our products and team which are focused on innovation and excellence in the mutual fund vertical."

FUNDLinx is the premier installed Mutual Fund trading and clearing platform with over $1.3 trillion in assets serviced across the client platforms.  DART is the industry's leading Mutual Fund distribution oversight and transaction monitoring application.  APERIOsuite is a focused industry data management application that supports a distributor's reference, price and dividend data flow and operations.  Fee Manager is the latest offering from Delta Data and supports Mutual Fund distribution fee reconciliation for product manufacturers.