{"id":2533424,"date":"2023-04-03T13:34:22","date_gmt":"2023-04-03T17:34:22","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/accel-kkr-secures-5-3-billion-in-two-buyout-funds-for-investment-purposes\/"},"modified":"2023-04-03T13:34:22","modified_gmt":"2023-04-03T17:34:22","slug":"accel-kkr-secures-5-3-billion-in-two-buyout-funds-for-investment-purposes","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/accel-kkr-secures-5-3-billion-in-two-buyout-funds-for-investment-purposes\/","title":{"rendered":"Accel-KKR Secures $5.3 Billion in Two Buyout Funds for Investment Purposes"},"content":{"rendered":"

Accel-KKR, a leading technology-focused private equity firm, has announced the successful closure of two buyout funds, raising a total of $5.3 billion for investment purposes. The funds, Accel-KKR Capital Partners V and Accel-KKR Capital Partners Growth Buyout II, will be used to invest in high-growth technology companies across North America and Europe.<\/p>\n

Accel-KKR has a strong track record of investing in technology companies, with a focus on software and IT services. The firm has invested in over 200 companies since its inception in 2000, and has a portfolio of successful companies such as DocuSign, Infinisource, and HighJump. The new funds will enable Accel-KKR to continue its investment strategy and support the growth of innovative technology companies.<\/p>\n

The $4 billion Accel-KKR Capital Partners V fund will focus on buyout investments in established technology companies with proven business models and strong market positions. The fund will target companies with enterprise values between $100 million and $1 billion, and will seek to invest in sectors such as software, IT services, and healthcare IT.<\/p>\n

The $1.3 billion Accel-KKR Capital Partners Growth Buyout II fund will focus on growth investments in high-growth technology companies with disruptive business models and innovative products. The fund will target companies with enterprise values between $50 million and $500 million, and will seek to invest in sectors such as software-as-a-service (SaaS), fintech, and cybersecurity.<\/p>\n

According to Tom Barnds, Managing Director at Accel-KKR, the new funds reflect the firm’s commitment to investing in high-growth technology companies that are transforming industries. “We are excited to have raised these new funds, which will enable us to continue our investment strategy of partnering with exceptional management teams to build great companies,” he said.<\/p>\n

The successful closure of the two funds comes at a time when the technology industry is experiencing rapid growth and innovation. With the ongoing digital transformation of industries such as healthcare, finance, and manufacturing, there is a growing need for innovative technology solutions that can help companies improve efficiency, reduce costs, and enhance customer experiences.<\/p>\n

Accel-KKR’s new funds will provide much-needed capital to support the growth of these companies, and will help to drive innovation and transformation across a range of industries. As the technology industry continues to evolve, Accel-KKR’s investment strategy will play a critical role in shaping the future of the industry and driving economic growth.<\/p>\n