Accel-KKR, a technology-focused private equity investment firm, closed its fifth buyout fund with $1.3b in committed capital.
Accel-KKR received support from its investors in prior funds, as well as from a number of new investors. It includes a $100 million commitment from the firm’s general partners.
The fund, Accel-KKR Capital Partners V LP, will continue Accel-KKR’s long-term focused strategy of investing in lower-middle market and middle-market software and IT-enabled services companies.
Led by Tom Barnds, Managing Director, Accel-KKR invests through two different types of funds – its Buyout funds for majority ownership positions and its Growth Capital funds for minority ownership positions.
The firm has offices in Menlo Park, Atlanta and London.
FinSMEs
28/09/2015