Accel-KKR Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Accel-KKR has acquired 13 companies. It has also invested in 24 others.

Accel-KKR’s most common sectors for investment are software (46%) and internet software and services (22%). The Firm’s most common investment types include growth capital (45%) and buyout (lbo, mbo, mbi) (28%). In total, Accel-KKR has invested in 21 US states and 11 different countries. Its largest (disclosed) acquisition occurred in 2016 when it acquired SciQuest for $509M.

In the last 3 years, Accel-KKR has exited 16 companies. The Firm’s most common exit type is trade sale (55%). Accel-KKR’s largest (disclosed) exit occurred in 2018 when it sold EPiServer Group AB for $1.2B.

Join Mergr to view Accel-KKR’s full profile and discover more mega-sized private equity firms just like it.

M&A Summary

  • M&A Total Activity115
    • M&A Buy Activity84
    • M&A Sell Activity31
  • Total Sectors Invested 11
  • Total Countries Invested 11
  • M&A Buy/Sell Connections 41
  • M&A Advisors 7

Accel-KKR

2180 Sand Hill Road, Suite 300,
Menlo Park, California 94025
United States
(650) 289-2460
www.accel-kkr.com
inquiries@accel-kkr.com

Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.


Investment Criteria

Sectors of Interest: Business Services, Healthcare Services, Information Technology, Life Science, Publishing, Software, Technology Hardware

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Going Private, Growth Capital, Recapitalization, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue 15 150
Target EBITDA - -
Investment Size - -
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (9.2/yr) # 38 9 4 11 10 12 84
vol $171M $509M $680M
Sell (3.2/yr) # 15 - 3 7 3 3 31
vol $3.7B $119M $1.2B $5.0B
  115

Most Recent M&A

Company Date Value Type
Insurance Technologies Corp. 2020-11-24 - Divestiture
Carrollton, Texas · www.getitc.com
TrueCommerce, Inc. 2020-11-13 - Secondary Buyout
Cranberry Township, Pennsylvania · www.truecommerce.com
Surgical Information Systems LLC 2020-10-15 - Secondary Buyout
Alpharetta, Georgia · www.sisfirst.com
Blue Mountain Quality Resources, Inc. 2020-09-29 - Growth Capital
State College, Pennsylvania · www.coolblue.com
Wabtec Corp. - Shipper TMS 2020-09-15 - Divestiture
Wilmerding, Pennsylvania
NAVTOR AS 2020-08-27 - Growth Capital
Egersund, Norway · www.navtor.com
Recurly, Inc. 2020-08-12 - Buyout (LBO, MBO, MBI)
San Francisco, California · www.recurly.com
Forcura LLC 2020-07-16 - Growth Capital
Jacksonville, Florida · www.forcura.com
PINC Solutions 2020-06-16 - Growth Capital
Union City, California · www.pinc.com
ProSiebenSat.1 Media SE 2020-05-11 - Stake Purchase
Unterföhring, Germany · www.prosiebensat1.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
SugarCRM, Inc. 2018-08-15 Loaded Technologies 2020-11-25 5
Cupertino, California · www.sugarcrm.com North Sydney, Australia · www.loadedtech.com.au
Bright Market LLC 2018-02-14 SalesRight Technologies, Inc. 2020-11-19 1
Santa Barbara, California · www.fastspring.com Halifax, Nova Scotia · www.salesright.co
SugarCRM, Inc. 2018-08-15 W-Systems Corp. 2020-11-05 4
Cupertino, California · www.sugarcrm.com Cupertino, California · www.w-systems.com
SugarCRM, Inc. 2018-08-15 Node, Inc. 2020-08-24 3
Cupertino, California · www.sugarcrm.com San Francisco, California · www.node.io
Aircraft Technical Publishers 2015-11-17 Flightdocs, Inc. 2020-06-18 2
Brisbane, California · www.atp.com Bonita Springs, Florida · www.flightdocs.com
IntegriChain Inc. 2016-03-01 Cumberland Consulting Group LLC - Life Science Division 2020-04-13 4
Philadelphia, Pennsylvania · www.integrichain.com Franklin, Tennessee
Kerridge Commercial Systems Ltd. 2015-02-11 Infomat nv 2020-04-01 9
Hungerford, United Kingdom · www.kerridgecs.com Wilrijk, Belgium · www.infomat.eu
Kerridge Commercial Systems Ltd. 2015-02-11 MAM Software Group, Inc. 2019-09-03 8
Hungerford, United Kingdom · www.kerridgecs.com Barnsley, United Kingdom · www.mamsoftware.com
Smart Communications 2016-09-12 Intelledox, Inc. 2019-07-18 1
Hertfordshire, United Kingdom · www.smart-communications.com McKinney, Texas · www.intelledox.com
SugarCRM, Inc. 2018-08-15 Salesfusion, Inc. 2019-05-16 2
Cupertino, California · www.sugarcrm.com Cupertino, California · www.salesfusion.com

M&A by Sector

Sector Current # Value All-time # Value
Software 23 (44%) 63M (100%) 38 (45%) 670M (99%)
Internet Software and Services 12 (23%) - 18 (21%) 10M (1%)
Information Technology 12 (23%) - 17 (20%) -
Business Services 1 (2%) - 3 (4%) -
Staffing 1 (2%) - 2 (2%) -
Information Services 1 (2%) - 1 (1%) -
Life Science - - 1 (1%) -
Media 1 (2%) - 1 (1%) -
Medical Products 1 (2%) - 1 (1%) -
Publishing - - 1 (1%) -
Technology Hardware - - 1 (1%) -
Total 52 $63M 84 $680M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 37 (71%) - 63 (75%) 550M (81%)
  California 7 (13%) - 11 (13%) 41M (6%)
  Texas 4 (8%) - 7 (8%) -
  Massachusetts 3 (6%) - 6 (7%) -
  Georgia 4 (8%) - 5 (6%) -
  North Carolina 3 (6%) - 4 (5%) 509M (75%)
  Pennsylvania 3 (6%) - 4 (5%) -
  Colorado 1 (2%) - 4 (5%) -
  New Jersey 2 (4%) - 3 (4%) -
  Nebraska 2 (4%) - 2 (2%) -
  Maryland 2 (4%) - 2 (2%) -
  Florida 2 (4%) - 2 (2%) -
  Oregon 1 (2%) - 2 (2%) -
  New York 1 (2%) - 2 (2%) -
  Virginia - - 2 (2%) -
  Illinois 1 (2%) - 1 (1%) -
  Connecticut 1 (2%) - 1 (1%) -
  Washington - - 1 (1%) -
  Kansas - - 1 (1%) -
  Indiana - - 1 (1%) -
  Idaho - - 1 (1%) -
  Wisconsin - - 1 (1%) -
United Kingdom 5 (10%) 63M (100%) 5 (6%) 63M (9%)
Canada 1 (2%) - 4 (5%) 58M (8%)
  Ontario 1 (2%) - 4 (5%) 58M (8%)
Australia 2 (4%) - 3 (4%) 10M (1%)
Chile 2 (4%) - 2 (2%) -
Norway 2 (4%) - 2 (2%) -
Germany 1 (2%) - 1 (1%) -
Colombia 1 (2%) - 1 (1%) -
New Zealand 1 (2%) - 1 (1%) -
Ireland - - 1 (1%) -
Sweden - - 1 (1%) -
Domestic 37 (71%) - 63 (75%) 550M (81%)
Cross-border 15 (29%) 63M (100%) 21 (25%) 131M (19%)
Total 52 $63M 84 $680M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 28 (54%) - 37 (44%) 10M (1%)
Buyout (LBO, MBO, MBI) 11 (21%) - 23 (27%) 41M (6%)
Secondary Buyout 5 (10%) 63M (100%) 9 (11%) 63M (9%)
Divestiture 4 (8%) - 7 (8%) 58M (8%)
Venture 2 (4%) - 4 (5%) -
Stake Purchase 2 (4%) - 2 (2%) -
Going Private - - 1 (1%) 509M (75%)
Acquisition Financing - - 1 (1%) -
Total 52 $63M 84 $680M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 11 (35%) 2.8B (56%)
Secondary Sale 11 (35%) 2.1B (43%)
Trade Sale 6 (19%) 52M (1%)
Bankruptcy 1 (3%) -
Divestiture 1 (3%) -
IPO 1 (3%) -
Total 31 $5.0B

Top M&A Advisors

Financial Deals
Houlihan Lokey
 1
ABG Sundal Collier
 1
Morgan Stanley
 1
Legal Deals
Kirkland & Ellis LLP
 6
Simonsen Vogt Wiig AS
 1

Deal Values

buy # Total
$100M to $1B 1 $509M
< $100M 4 $171M
TOTAL $680M
Largest SciQuest, Inc.
$509M (2016-05-31)
sell # Total
> $1B 1 $1.2B
$100M to $1B 10 $3.7B
< $100M 2 $87M
TOTAL $5.0B
Largest EPiServer Group AB
$1.2B (2018-09-06)

M&A Connections

Deals %
Acquired from
PE Firm(s)
61%
11 61%
Strategic(s)
39%
7 39%
Exited to
PE Firm(s)
42%
13 42%
Strategic(s)
58%
18 58%

Investor Summary

Size

Mega

PE Assets

10.0B USD

Established

2000

Specialist/Generalist

Specialist

Leadership

Rob Palumbo

Founding Partner & Managing Director

Tom Barnds

Founding Partner & Managing Director

Dean Jacobson

Managing Director

Greg Williams

Managing Director

Jason Klein

Managing Director

 Subscribe to unlock this and 157,884
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.0K Private Equity Firms
  • 146K M&A Transactions
  • 154K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.2K M&A Advisors
    (Investment Banks and Law Firms)
  • 46K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal