Buyout DeskBDVol. II · No. 142  ·  Fri, May 22, 2026ARCHIVED ·  2 deals tracked  ·  Updated 22 hr ago

Buyout Desk

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Platform·Software/Cybersecurity·May 21, 2026

Accel-KKR backs UpKeep as software platform

Focused on maintenance and asset operations, the software company serves industrial, facilities and service teams managing work orders, equipment and inspections.

UpKeep, a maintenance management software provider for asset-intensive businesses, received a platform investment from Accel-KKR.

The company’s software helps teams manage work orders, equipment, preventive maintenance, inspections and field operations across distributed facilities.

The investment establishes UpKeep as an Accel-KKR enterprise software platform focused on maintenance, reliability and asset operations workflows.

Accel-KKR is backing the company to support product work in safety, training, low-code operations applications and AI-enabled workflows.

Founder and CEO Ryan Chan continues to lead the business.