Accel-KKR is a private equity firm that specializes in growth capital, buyouts, and recapitalizations of technology and software companies. Founded in 2000, the firm is headquartered in Menlo Park, California, with additional offices in Atlanta, Georgia, and London, United Kingdom. Accel-KKR is a partnership between Accel, a leading venture capital firm, and Kohlberg Kravis Roberts & Co. (KKR), a global investment firm.
Accel-KKR focuses on middle-market technology and software companies, primarily in North America and Europe. The firm targets companies that have demonstrated growth potential, strong market positions, and defensible competitive advantages. Accel-KKR seeks to invest in businesses with recurring revenue models, scalable technology platforms, and the potential for significant operational improvements.
Some notable investments and exits by Accel-KKR include:
- Abila: A provider of software and services for non-profit organizations, associations, and government entities, which was acquired by Community Brands in 2017.
- Zinc Ahead: A provider of compliance software for the life sciences industry, which was acquired by Veeva Systems in 2015.
- Kana Software: A provider of customer service solutions, which was acquired by Verint Systems in 2014.
- Infinisource: A provider of cloud-based human capital management solutions, which was acquired by iSolved HCM in 2018.
- Paymentus: A provider of cloud-based bill payment technology and solutions, which went public in 2021.
Accel-KKR takes an active approach to working with its portfolio companies. The firm leverages its industry expertise, operational experience, and network of relationships to help companies scale and improve their performance. Accel-KKR provides strategic guidance, capital for growth initiatives, and support for management teams in areas such as mergers and acquisitions, international expansion, and product development.
In summary, Accel-KKR is a private equity firm that focuses on investing in middle-market technology and software companies. The firm has a strong track record of partnering with portfolio companies to drive growth and operational improvements, leveraging its industry expertise and extensive network to create value for its investors and portfolio companies.
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