Accel-KKR, a Private Equity manager specialising in buyouts

Accel-KKR is a benchmark investor in the US software sector. Its ability to replicate success across different economic cycles is due to rigorous pre-selection criteria and a strong commitment to the companies it invests in. Its extensive relationships, combined with its industrial sourcing methods, generate a significant flow of investment opportunities.

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Companies

See fund manager's companies

Strategy

Buyout

sectors

Technology and Software

geographies

Europe

North America

Rest of world

In the selection universe

In the vintage(s)

Odyssey 2022

Accel-KKR key figures

2002

year established

4,3 billion

in assets under management

offices worldwide

125

people

Data at

15/10/2024

Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

About Accel-KKR

Accel-KKR was formed in 2000 as a partnership between two key players in American Private Equity: Accel, an American leader in venture capital, and KKR, a world leader in LBOs.

Since 2006, it has operated completely independently of its original sponsors, being managed and majority-owned by its two co-founders, Tom Barnds and Rob Palumbo.

Accel-KKR manages close to $15 billion in its Tech & Software-only strategies.

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Accel-KKR's differentiating features

A disciplined approach to value strategy

High-quality sourcing: an abundant proprietary deal flow based on existing relationships in the software world, direct approaches, and IT screening of the market.

Strict pre-selection based on the "Rule of 40": According to this rule, the growth rate of annual revenues added to the company's profitability margin must be greater than, or equal to, 40%.

Identification of undervalued assets: the price being defined by a combination of criteria, including growth rate, positioning and market size. These elements are compared with the very rich internal database, with a sample of hundreds of software companies.

An exclusive focus on the tech and software sectors for over 20 years

More than 300 successful operations by our teams in a period of 20 years.

A proven ability to replicate the best successes on target business models: products or services that are essential to users, recurring revenues through a subscription model, high operating margins, etc.

Solid expertise in managing complex situations, including companies owned mainly by their founders, without intermediaries, and which have never before been backed by an investment fund.

Views expressed herein represent the current opinion of Altaroc's investment Team. These views and opinions may change at any point in time without prior notification.

A shareholder closely involved in managing transformation plans

Operational support by an in-house consulting firm dedicated to portfolio companies (AKKR Consulting Group)

Market consolidation through numerous M&A operations

Financial improvements (structure, growth, margin rate, etc.)

AKKR is renowned for its proven ability to conduct ambitious transformation plans and for its very strong collaborative values.

Views expressed herein represent the current opinion of Altaroc's investment Team. These views and opinions may change at any point in time without prior notification.