Accel-KKR

About

Accel-KKR is an American private equity fund entirely dedicated to software and technology services, created in 2000 as a joint venture between the venture capital fund Accel and KKR, and now independent from both. Based in Menlo Park, it reported nearly $24 billion in assets under management to the American regulator in 2026 and claims more than 450 companies invested in or acquired worldwide. It operates in the mid-market segment with majority buyouts, growth operations, structured financing, and secondary transactions, focusing on the external growth of its holdings; notably, it closed a secondary fund of over $2.2 billion in 2024. Tom Barnds and Rob Palumbo are the managing partners. Europe has been covered from London since 2013, with more than 70 companies backed, from Basware in Finland to PayProp in the United Kingdom or Symfonia in Poland. No French operation has been recorded to date. For a profitable mid-market software publisher seeking a shareholder specializing in buyouts and consolidation, it is one of the most focused players in the market.

Key facts

Type: Private Equity
Stages: Growth,Buyout
Sectors: Agnostic, B2B, Business management software, Marketplace, Software/SaaS, Vertical SaaS, Advertising/Media, Agritech, AI & Automation, Beauty/Fashion, Blockchain/Crypto, Data & Infrastructure, Cyber & Security, Defense, Education, Energy, Fintech & Insurtech, Foodtech, Gaming, Hospitality/Tourism/Travel, Future of work/HR, Industry & Manufacturing, Legaltech/Regtech, Logistics/Supply chain, Martech, Mobility & Transportation, Proptech/Construction, Retail/Future of Commerce, Digital health, Business Services
Headquarters: US
Offices: Menlo Park, Atlanta, London, Chicago, Mexico City
Geographic focus: France,Europe,North America,USA
Founded: 2000

Track record

Total investments: 450

Website

Funds by stage

Other funds investing at the same stages, list by list.