Accel-KKR, a private equity firm, has invested in Yes Energy, a North American energy market data firm.
Yes Energy is a provider of power market data. Yes Energy creates innovative services to power the businesses seeking to market, originate, develop or operate energy infrastructure. With this investment, Yes Energy will accelerate its power market data and product suite.
Accel-KKR is a technology-focused investment firm with over $13 billion in capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for topline and bottom-line growth.
Dean Jacobson, managing director of Accel-KKR, said, “Since its founding days, Yes Energy has been at the forefront of delivering data analytics expertise for power markets, and we have been impressed by the company’s clear product vision, strong customer retention rate, a talented management team and customer-centric employee culture. During this time of energy market transition, we believe Yes Energy is well positioned to provide mission-critical data and solutions to a growing market base. We are excited to back Michael and his team as they scale.”