# Accel-KKR

> Accel-KKR is a Menlo Park-based private investment firm built around one durable specialty: middle-market software and technology-enabled services. Across buyouts, minority growth investments, credit, and software-focused secondaries, it supplies capital and an operating network to founder-owned businesses, corporate carve-outs, and established software platforms. The firm reports $23 billion in cumulative capital commitments, more than 500 investments, and over $5.5 billion in aggregate portfolio revenue.

- **Founded:** 2000
- **Headquarters:** Menlo Park, United States
- **Founders:** Tom Barnds (Founder and Co-Managing Partner), Rob Palumbo (Co-founder and Co-Managing Partner)
- **Team size:** Approximately 310 people; LinkedIn displayed 309 associated employees in 2026
- **Products:** Flagship Buyout, Growth Capital, Emerging Buyout, Credit Partners, Strategic Capital
- **Notable:** Reported $23 billion in cumulative capital commitments by 2026., Completed more than 500 software and technology-enabled services investments over 25 years., Built portfolio companies producing more than $5.5 billion in aggregate revenue.

## Products & services

- **Flagship Buyout** — Control investments in middle-market software and technology-enabled services, including founder-owned companies, carve-outs, recapitalizations, and take-private transactions.
- **Growth Capital** — Minority investments for software businesses whose owners want growth funding, strategic help, or shareholder liquidity without necessarily selling control.
- **Emerging Buyout** — Control-oriented capital for smaller software companies that can become scaled platforms through organic growth and acquisitions.
- **Credit Partners** — Debt financing for founder-owned and institutionally owned software companies, used for acquisitions, growth investment, dividends, or shareholder liquidity.
- **Strategic Capital** — A dedicated strategy for software-focused secondary transactions, including GP-led continuation vehicles and other liquidity solutions.
- **Portfolio Operating Support** — Portfolio-wide resources spanning go-to-market, pricing, talent, benchmarking, cloud transitions, executive forums, and add-on acquisition support.

## Achievements

- Reported $23 billion in cumulative capital commitments by 2026.
- Completed more than 500 software and technology-enabled services investments over 25 years.
- Built portfolio companies producing more than $5.5 billion in aggregate revenue.
- Raised $5.3 billion across its seventh flagship buyout fund and second emerging buyout fund in 2023.
- Raised more than $2.2 billion for its first outside-capital strategic secondaries fund in 2024.
- Named to Inc.’s Founder-Friendly Investors list for seven consecutive years through 2025.
- Seequent grew revenue 4x and EBITDA more than 10x during Accel-KKR’s investment period before its $1.05 billion sale to Bentley Systems in 2021.
- Endurance grew revenue more than 4x and cash flow more than 6x in its first three years with Accel-KKR before a roughly $1 billion sale in 2011.
- The 2025 Smart Communications exit was Accel-KKR’s fourth $1 billion-plus realization in Europe, according to the firm.

## Latest updates

- **2026-06** — Accel-KKR acted as lead investor in Maxburg’s continuation fund for cybersecurity company Securepoint.
- **2026-05** — Asset-operations software company UpKeep announced a strategic growth investment from Accel-KKR.
- **2026-03** — Accel-KKR announced majority investments in bank-integration platform AccessPay and fleet-maintenance software provider Whip Around.
- **2026-01** — The firm announced investments in clinical-education platform Exxat and digital-dining software company Nutrislice.
- **2025-08** — Accel-KKR closed a $1.9 billion continuation fund to support further growth of HCM software company isolved.
- **2025-06** — PACT Capital Partners made a minority equity investment in Accel-KKR’s management company; transaction terms were not disclosed.

## Links

- Website: https://www.accel-kkr.com/
- LinkedIn: https://www.linkedin.com/company/accel-kkr
- Twitter/X: https://x.com/accelkkr

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Profile page: https://yespress.io/accel-kkr
Published by YesPress — https://yespress.io
Last updated: 2026-08-15