Accel-KKR
Private equity firm specializing exclusively in software and tech-enabled services companies. One of the most active PE investors in software with 450+ investments over 25 years.
• Menlo Park, USA • Est. 2000
Investment Requirements
Revenue (ARR)
$10M - $200M
Deal Structure
Flexible
Target Industries
B2B Software
Geographic Focus
Global
Company Overview
Accel-KKR
What They Buy
- Target: Software and tech-enabled services companies
- Size: $10M - $200M+ ARR
- Structure: Buyouts, minority growth capital, corporate carveouts, take-privates
- Geography: Global (offices in Menlo Park, Atlanta, Chicago, London, Mexico City)
- Focus: Founder-owned or closely-held private companies
Recent Major Deals
- Smart Communications: Cloud CCM platform (5x revenue growth over 9 years, sold to Cinven 2025)
- Basware: Global accounts payable automation (take-private transaction 2022)
- PayProp: UK rental payments processor for property management
- Yes Energy: North American power market data and software solutions
- Loftware: Enterprise labeling and artwork management solutions
Track Record
- Founded: 2000 in Menlo Park, California
- Experience: 450+ software investments over 25 years
- Scale: $5.3B raised in latest funds (2023)
- Team: Tom Barnds (Co-Managing Partner)
- Specialization: Exclusively software and tech-enabled services for 25+ years
Portfolio Companies
Smart Communications
Cloud CCM and IXM platform (5x revenue growth, sold to Cinven)
Basware
Global accounts payable and invoice automation (take-private)
PayProp
UK rental payments processor for property management
Yes Energy
North American power market data and software solutions
Loftware
Enterprise labeling and artwork management solutions
WorkWave
Field service management software
Founder Testimonials
"From day one, Accel-KKR has been an exceptional partner – supportive, strategic, and deeply invested in our success. Together we've built an industry-defining platform, enduring relationships with customers and partners, and an extraordinarily talented team of employees."
"I see this offer as clear evidence of all the good work employees of Basware have done over the past years, and the opportunities we have ahead of us. The consortium members have been following our company for years already and value all aspects of the business from the market leading SaaS products and services to the large global customer base."
"This acquisition marks a significant milestone for Basware and Glantus. Glantus has a very strong track record of delivering ROI and we share a mutual mission to drive value for the CFO's team. This deal will only accelerate our ability to deliver demonstrable savings and innovation to our customers."
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Last updated: October 6, 2025
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