M&A Deal Summary

Accel-KKR Acquires Alias Systems

On April 15, 2004, private equity firm Accel-KKR acquired software company Alias Systems from Silicon Graphics for 58M USD

Acquisition Highlights
  • This is Accel-KKR’s 3rd transaction in the Software sector.
  • This is Accel-KKR’s 4th largest (disclosed) transaction.
  • This is Accel-KKR’s 1st transaction in Canada.
  • This is Accel-KKR’s 1st transaction in Ontario.
Investment Fate
  • Alias Systems was sold to a publicly-traded strategic buyer in 2006 for 182M USD.

M&A Deal Summary

Date 2004-04-15
Target Alias Systems
Sector Software
Buyer(s) Accel-KKR
Sellers(s) Silicon Graphics
Deal Type Divestiture
Deal Value 58M USD

Target

Alias Systems

Toronto, Ontario, Canada
Alias Systems Corp. is a team of expert scientists exploring and creating technologies to help improve design and its role in society through high-level projects and collaboration with leading research universities worldwide.

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Buyer(S) 1

Buyer

Accel-KKR

Menlo Park, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

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.


DEAL STATS #
Overall 4 of 116
Sector (Software) 3 of 52
Type (Divestiture) 1 of 9
State (Ontario) 1 of 3
Country (Canada) 1 of 3
Year (2004) 1 of 1
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-01 CRS Retail Systems

New York, New York, United States

CRS Retail Systems ("CRS") provided retail management software, hardware and services to help its customers drive sales, improve customer service and reduce operating costs, all with more ease and flexibility. With more than 100,000 in-store systems installed in 32 countries and 10 languages, CRS was a trusted leader in the retail industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-11 DataNow

Twin Falls, Idaho, United States

DataNow LLC is a provider of financial management and Customer Information Systems (CIS) software solutions.

Buy -

Seller(S) 1

SELLER

Silicon Graphics

Sunnyvale, California, United States

Category Company
Sector Technology Hardware
DESCRIPTION

SGI a provider of high-performance computers. SGI delivers a range of high-performance server, visualization, and storage solutions along with professional services and support that enable its customers to overcome the challenges of complex data-intensive workflows and accelerate breakthrough discoveries, innovation and information transformation.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2004) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1995-02-01 Alias Systems

Toronto, Ontario, Canada

Alias Systems Corp. is a team of expert scientists exploring and creating technologies to help improve design and its role in society through high-level projects and collaboration with leading research universities worldwide.

Buy -