Private Ownership | |
Industry | Private Equity |
Founded | 2000 |
Headquarters |
Sand Hill Road Menlo Park, California, U.S. |
Total assets | $4 billion |
Number of employees
|
38 |
Website | www |
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, UK.
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. 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. Tom, and his co-Managing Partner Rob Palumbo, were both All-American lacrosse players at Princeton University.
Accel-KKR raised $4 billion of investor commitments. The company is currently 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.
Companies owned by Accel-KKR include:
Previous investments from which Accel-KKR has since exited include: