Accel-KKR

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Accel-KKR
Private Ownership
IndustryPrivate Equity
Founded2000
HeadquartersSand Hill Road
Menlo Park, California, U.S.
Total assets$4 billion
Number of employees
38
Websitewww.accel-kkr.com

Accel-KKR is a technology-focused private equity firm with $4 billion in capital under management. The firm invests primarily in software and technology-enabled services businesses. Accel-KKR focuses on middle market companies, providing capital for buyouts and growth investments across a range of opportunities including recapitalizations, divisional carve-outs and going private transactions. The company has offices in Menlo Park, California, (headquarters), Atlanta, Georgia, and London.

History[edit]

The firm was founded in February 2000 as a partnership between venture capital firm Accel Partners and Kohlberg Kravis Roberts, one of the oldest and largest leveraged buyout firms.[1] However, the firm operates independently of either firm since the mid-2000s. The firm's Founding Partner is Tom Barnds, who is based in Menlo Park.

Accel-KKR raised $4 billion of investor commitments. The company is currently[2] investing from its fifth buyout fund (Accel-KKR Capital Partners V), a $1.3 billion fund raised in 2015, and its second minority equity fund (Accel-KKR Growth Capital Partners II), a $350 million fund raised in 2013. Accel-KKR has invested in or acquired over 100 software and technology-enabled services companies, with the majority of such companies in the United States, but Accel-KKR has also acquired or invested in 18 European companies, six Canadian companies, and one Australian company.

Company ownership[edit]

Companies owned by Accel-KKR include:[3]

Previous investments[edit]

Previous investments from which Accel-KKR has since exited include:

References[edit]

  1. ^ What's An Aging 'Barbarian' To Do?. New York Times, August 26, 2001
  2. ^ "DEFM14A". Retrieved 3 September 2016.
  3. ^ "Portfolio - Accel-KKR". Retrieved 3 September 2016.
  4. ^ "RANDSTAD BUYS OUTPLACEMENT FIRM RISESMART FOR $100 MILLION". Retrieved 2 October 2016.
  5. ^ "Veeva scoops up rival Zinc Ahead to create mega-content management platform". Retrieved 2 October 2016.
  6. ^ "MasterCard Announces Acquisition of Applied Predictive Technologies - Business Wire". Retrieved 3 September 2016.
  7. ^ "Accel-KKR Group Sells Web Hosting Giant Endurance International for $1 Billion - Web Host Industry Review". Retrieved 3 September 2016.
  8. ^ "AmerisourceBergen Buys Chemo I.T. Vendor IntrinsiQ". Retrieved 2 October 2016.

Further reading[edit]

External links[edit]