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AI Meets Automation: Accelo Expands PSA Leadership with Forecast Buy

Accelo, a cloud-based Professional Services Automation (PSA) provider headquartered in Denver, has acquired Forecast , a UK-based AI-native SaaS firm specializing in project and resource management. The transaction marks a strategic milestone in PSA consolidation.

Forecast brings advanced AI-driven capabilities in predictive planning, intelligent scheduling, and actionable analytics. Its integration into Accelo’s unified quote-to-cash platform enhances offerings in real-time project profitability optimization, automated workflows, and data-driven decision-making.

This acquisition expands Accelo’s global footprint—especially across the UK and Europe—and adds Forecast’s talent and enterprise customer base to its own. The combined entity now offers a more robust PSA solution tailored to industries such as consulting, creative agencies, engineering, and IT services.

Support from Bow River Capital’s Software Growth Equity Team underscores the financial and strategic backing behind the move. Accelo now benefits from accelerated roadmap investment and enterprise-scale capabilities across North America, Europe, and Asia‑Pacific. Forecast’s former management team has joined Accelo to co-drive innovation.

Source: Newswire

M.A.

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