Accel-KKR

company

About

Accel-KKR is a technology-focused private equity firm specialized in growth and middle market investments.

  • 101 - 250

Details

Industries
Angel Investment,Finance,Venture Capital
Founded date
Jan 1, 2000
Number Of Employee
101 - 250
Operating Status
Active
Investor Type
PE
Sub-Organizations
Accel-KKR Credit Partners

Accel-KKR is a private equity firm specializing in growth and middle-market investments. It also makes mezzanine investments.

The firm seeks to invest in buyouts of divisions of larger companies, divisional carveouts, subsidiaries, and business units or operating assets from public companies; acquisitions and recapitalizations of closely held private companies; and going-private transactions of small and micro-cap public companies. In buyouts, the firm specifically targets assets that are considered or are likely to be considered non-core assets that will typically include businesses with business models that are inconsistent or are incompatible with the parent and may have been under-invested in for some period.

It pursues acquisition and recapitalization of private companies that prefer to remain private or which currently do not have the scale and/or growth profile to access the public markets but whose shareholders desire liquidity and/or access to growth capital including acquisition financing including founder and family-owned businesses. The firm pursues going-private transactions in public companies that are either subscale for the public markets or whose management teams have a business plan that is most appropriately executed as a private company. It primarily invests in the technology industry including software, Internet technologies, and IT-enabled services as well as in various sub-segments including enterprise and infrastructure software, vertical market application software, technical software, networking software, enterprise computing, and data storage, storage networking, data communications, telecommunications equipment, Internet services, business process outsourcing, supply chain, and professional IT services. It seeks to invest globally.

The firm commits a wide range of capital, from less than $10 million to over $100 million, and typically invests in companies with annual revenues between $10 million and $200 million. It prefers to acquire majority ownership positions, control investments, and minority growth investments. The firm is an affiliate of Accel Partners and Kohlberg Kravis Roberts & Co. Accel–KKR LLC was founded in February 2000 and is based in Menlo Park, California with additional offices in Atlanta, Georgia, and London, United Kingdom.

Investments

Number of Investments
Number of Lead Investments
4
3
Accel-KKR has made 4 investments. Their most recent investment was on Jun 6, 2022, when Submittable raised $47M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 6, 2022 Submittable
Series C $47M Cloud Computing Yes
Apr 28, 2021 Salary.com
Private Equity(PE) $67M Enterprise Software Yes
Jun 18, 2018 Acumatica
Series C $25M Cloud Computing Yes
Private Equity(PE) Enterprise Software

Acquisition

Accel-KKR has acquired 1 organizations. Their most recent acquisition was Salary.com on Oct 4, 2022. They acquired Salary.com for 0.

Date Company Name
Industry Acquisition Type Price
Oct 4, 2022 Salary.com
Enterprise Software acquisition Detail