Accel-KKR, a Menlo Park, CA-based global technology-focused investment firm, announced the completion of fundraising for AKKR Strategic Capital LP, closing on over $2.2 Billion of capital commitments.
AKKR Strategic Capital will invest in a broad range of transactions primarily focused on the software industry in the secondary market, aligning with the firm’s long-standing focus and experience backing growing software and technology enabled services companies.
Accel-KKR has invested broadly in the secondary markets for over 15 years, utilizing capital primarily from its own balance sheet. AKKR Strategic Capital will be Accel-KKR’s first fund dedicated to secondary investments utilizing outside capital, partially seeded with existing investments.
Accel-KKR is a technology-focused investment firm with $21 Billion in cumulative capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for top-line and bottom-line growth. At the core of its investment strategy is a commitment to developing strong partnerships with the management teams of its partner companies and a focus on building value alongside management by leveraging the significant resources available through the Accel-KKR network. It focuses on middle-market companies and provides a broad range of capital solutions, including buyout capital, minority-growth investments, and credit alternatives. Accel-KKR also invests across various transaction types, including private company recapitalizations, divisional carve-outs and going-private transactions.
Accel-KKR has offices in Atlanta, Chicago, London, and Mexico City.
FinSMEs
25/11/2024