M&A Deal Summary

Accel-KKR Acquires Kana Software

On October 23, 2009, private equity firm Accel-KKR acquired software company Kana Software for 41M USD

Acquisition Highlights
  • This is Accel-KKR’s 7th transaction in the Software sector.
  • This is Accel-KKR’s 5th largest (disclosed) transaction.
  • This is Accel-KKR’s 11th transaction in the United States.
  • This is Accel-KKR’s 3rd transaction in California.
Investment Fate
  • Kana Software was sold to a publicly-traded strategic buyer in 2014 for 514M USD.

M&A Deal Summary

Date 2009-10-23
Target Kana Software
Sector Software
Buyer(s) Accel-KKR
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 41M USD

Target

Kana Software

Sunnyvale, California, United States
KANA is a provider of multi-channel customer service solutions. KANA's integrated software solutions allow companies to deliver consistent, managed service across all channels, including email, chat, agent knowledge and customer web self-service.

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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 12 of 123
Sector: Software M&A 7 of 55
Type: Buyout (LBO, MBO, MBI) M&A Deals 9 of 33
State: California M&A 3 of 13
Country: United States M&A 11 of 86
Year: 2009 M&A 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-14 Newfold Digital

Jacksonville, Florida, United States

Newfold Digital is a provider of shared web hosting services to small businesses. Newfield Digital helps customers of all sizes build a digital presence that delivers results. Newfold Digital has extensive product offerings and personalized support with customers to serve their online presence needs. Newfold Digital was founded in 1997 and is based in Jacksonville, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-04 Layered Technologies

Plano, Texas, United States

Layered Technologies, Inc. is a global provider of managed dedicated hosting, on-demand hosting and cloud computing solutions. With eight top-tier data centers around the world, the Company’s infrastructure powers millions of Web sites and Internet enabled applications including e-Commerce and Software as a Service. Layered Technologies enables customers to forego capital expenses and save on operating costs while focusing on core business issues. Clients range from leading-edge Web 2.0 startups, successful mid-sized enterprises and some the world’s largest consultancy and integration firms.

Buy -