Accel-KKR portfolio company Energy Services Group (ESG) has bought UK-based software and IT services company Utiligroup from NorthEdge Capital.
Deal marks the first acquisition for the GP's latest vehicle, Alto Capital IV
Second bolt-on completed by Valco since Argos Soditic became majority shareholder in 2014
Asset management business will look to expand its regional network and make bolt-on acquisitions
Firm plans to expand domestically and internationally, primarily in Asia