Accel-KKR To Acquire Nonprofit Solutions Division Of Sage Group plc

     Accel-KKR To Acquire Nonprofit Solutions Division Of Sage Group plc

-- Firm Also Makes Minority Investment in Swiftpage to Help Fund Its
Acquisition of Sage's ACT! and SalesLogix Businesses --

PR Newswire

MENLO PARK, Calif., Feb. 15, 2013

MENLO PARK, Calif., Feb. 15, 2013 /PRNewswire/ --Accel-KKR, a
technology-focused private equity investment firm, today announced it has
entered into an agreement to acquire Sage Nonprofit Solutions, a leading
provider of accounting, donor and fundraising management, and grant management
software solutions to non-profit organizations, from The Sage Group
plc.Accel-KKR also announced today that it is making a minority investment in
Swiftpage, the leading digital marketing platform provider for the small
business market, to help fund Swiftpage's acquisition of Sage's ACT! contact
management and Sage SalesLogix customer relationship management (CRM)
businesses.

In the first transaction, Accel-KKR will acquire 100% of Austin, TX-based Sage
Nonprofit Solutions, which helps more than 32,000 unique not-for-profit
organizations, including government entities, universities, foundations, and a
variety of other 501(c)3 organizations, increase efficiency and more easily
manage their operations through the use of technology.Krista Endsley, senior
vice president and general manager of NPS for the past four years, has been
named Chief Executive Officer of the new independent company.

Separately, Accel-KKR's funding of Swiftpage to acquire Sage ACT! and Sage
SalesLogix will help accelerate Swiftpage's strategy to become the leading
digital marketing platform provider to small and medium-sized businesses
worldwide.Upon completion of the transaction, Swiftpage will have offices in
Denver, Scottsdale, and in the U.K.Sage Group also will have an equity stake
in Swiftpage, which is a long-time Sage partner.

John Oechsle, the CEO of Swiftpage, said about Accel-KKR's investment, "The
acquisition of Sage ACT! and Sage SalesLogix is a game changer for Swiftpage,
giving us a significant presence throughout North America and Europe with
award-winning products for the small and medium-sized business markets. We
would not have been able to complete this complex transaction without the
assistance of the team at Accel-KKR.We look forward to working with Accel-KKR
to aggressively pursue the many growth opportunities available to us."

Tom Barnds, Managing Director of Accel-KKR, said, "The acquisition of Sage
Nonprofit Solutions and the investment in Swiftpage to enable the acquisitions
of Sage ACT! and Sage SalesLogix each fit very well with our focus on
investing in market leading software and technology-enabled service
businesses.We are very excited to partner with Krista, John and their
respective teams to provide capital and resources to help them execute on
their growth plans."

About Accel-KKR
Accel-KKR is a technology-focused private equity firm with over $2.3 billion
in assets under management. The firm invests primarily in software and
IT-enabled businesses well positioned for top-line and bottom-line growth. At
the core of Accel-KKR's investment strategy is a commitment to developing
strong partnerships with the management teams of its portfolio companies and a
focus on building value through significant resources available through the
Accel-KKR network. Accel-KKR focuses on middle market companies and provides a
broad range of capital solutions from minority growth investments to buyouts,
recapitalizations, divisional carveouts and going-private transactions. For
more information, please visit www.accel-kkr.com.

About Sage Nonprofit Solutions
Sage Nonprofit Solutions has been serving nonprofit and governmental
organizations throughout North America for more than 30 years. The company
helps more than 32,000 unique not-for-profit organizations increase efficiency
and more easily manage their operations through the use of technology. From
fund accounting, donor and fundraising management, and grant management to
online donation processing, human resources (HR), payroll and fixed asset
management, Sage Nonprofit Solutions offers a software product or service to
meet the organization's need. Follow Sage Nonprofit Solutions on Twitter(R)
(www.twitter.com/SageNonprofit) and Facebook(R)
(www.facebook.com/sagenonprofit), read its blog (www.sagewords.net) and join
its community for not-for-profits (http://community.sagenonprofit.com).

About Swiftpage
Swiftpage's digital marketing platform helps small businesses grow. Its email
marketing, social media marketing, and contact management solutions empower
them to convert prospects, retain customers and expand their businesses.
Swiftpage delivers the platform as a white label solution to partners who
provide digital services to small business end users. For more information
visit http://swiftpage.com.

About Sage
The Sage Group plc is a leading global provider of business management
software to small and medium sized companies, creating greater freedom for
them to succeed. Sage understands how and why each business is unique. We
provide products and services that suit varying needs, are a pleasure to use
and are secure and efficient. Formed in 1981, Sage was floated on the London
Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has over 6
million customers and more than 13,500 employees in 24 countries covering the
UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia
and Brazil. For further information please visitwww.sage.com.

Contact: Todd Fogarty           Michael Herley
         Kekst and Company      Kekst and Company
         212-521-4854           212-521-4897
         todd-fogarty@kekst.com michael-herley@kekst.com

SOURCE Accel-KKR

Website: http://www.accel-kkr.com
 
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