Software-focused private equity firm (buyout, growth and credit)
Accel-KKR
- HeadquartersMenlo Park, CA S5
- Founded2000 S5
- Websiteaccel-kkr.com
- Last verifiedOctober 20, 2026
At a glance
| Latest fund | Accel-KKR Capital Partners VII, $4.4B (Mar 2023) S4 |
|---|---|
| Deal types | Platform, Add-on, Minority, Growth S2 |
| Geography | North America, Europe, Asia Pacific, Latin America S3 |
| Sectors | Software & SaaS |
What Accel-KKR buys
Accel-KKR is a Menlo Park, California firm that invests only in software and tech-enabled services companies. Since its start in 2000 it has made more than 500 investments and gathered about $24 billion of cumulative capital commitments. Its stated target is founder-owned or closely held private companies with revenue up to and above $200 million, and it uses buyouts, minority growth investments, corporate carve-outs, take-privates, credit and secondary deals. Its holdings span North America, Europe, Asia Pacific and Latin America.
Each kind of deal has its own fund family. The seventh flagship buyout fund closed at $4.4 billion in March 2023, next to a $920 million Emerging Buyout fund aimed at smaller software companies. Growth Capital funds take minority stakes, and Accel-KKR Credit Partners lends to software businesses. A smaller software founder is most likely to meet the firm through the Emerging Buyout strategy, a growth investment, or a sale to one of its platforms, which keep buying companies such as Trustpair for Basware and Passenger Technology Group for Masabi.
Recent deals
Announced in the 24 months before October 20, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Oct 2026 | Point of RentalSoftware for equipment, party and specialty rental businesses, founded in 1982 | Platform | Software & SaaS | Source |
| Sep 2026 | MyComplianceOfficeGrowth financing of more than $100 million from Accel-KKR Credit Partners | Investment | Software & SaaS | Source |
| Aug 2026 | TrustpairPayment fraud prevention software, agreed to be added to Basware | Add-on | Software & SaaS | Source |
| Aug 2026 | Tai SoftwareFreight broker transportation software sold to Descartes | Exit | Software & SaaS | Source |
| Jun 2026 | Checked In CareMajority investment; joins the Evaran aged care software group in Australia | Add-on | Software & SaaS | Source |
| Jun 2026 | SecurepointLead investor in a continuation fund that bought Securepoint from Maxburg Fund III | Investment | Software & SaaS | Source |
| May 2026 | UpKeepGrowth investment in maintenance and asset operations software | Growth | Software & SaaS | Source |
| Mar 2026 | AccessPayMajority investment in a UK bank integration software provider | Platform | Software & SaaS | Source |
| Mar 2026 | Whip AroundMajority investment in fleet maintenance and compliance software | Platform | Software & SaaS | Source |
| Feb 2026 | Passenger Technology GroupUK public transit ticketing developer added to Masabi | Add-on | Software & SaaS | Source |
| Jan 2026 | ExxatMinority growth investment in clinical education software | Minority | Software & SaaS | Source |
| Jan 2026 | NutrisliceMajority investment in digital dining software for non-commercial foodservice | Platform | Software & SaaS | Source |
| Jan 2026 | Blue MountainFive Arrows took a majority stake; Accel-KKR stayed on as an investor | Exit | Software & SaaS | Source |
| Dec 2025 | REG TechnologiesMajority investment in UK compliance software for insurers and financial firms | Platform | Software & SaaS | Source |
| Nov 2025 | 4humanGrowth investment in Norwegian HR and quality management software | Growth | Software & SaaS | Source |
| Oct 2025 | LeanDNAGrowth financing for supply planning software used by manufacturers | Growth | Software & SaaS | Source |
| Oct 2025 | Phocas SoftwareMajority investment in business intelligence and planning software | Platform | Software & SaaS | Source |
| Sep 2025 | ArbiterMajority stake in school and athletic operations software; Serent Capital kept a minority stake | Platform | Software & SaaS | Source |
| Sep 2025 | Health MetricsAged care and disability software in Australia and New Zealand, later the base of Evaran | Platform | Software & SaaS | Source |
| Aug 2025 | KevalaAI staffing and workforce platform added to Residex | Add-on | Software & SaaS | Source |
| Aug 2025 | isolvedAbout $1.9 billion single-company continuation fund, including $350 million of new capital | Fund close | Software & SaaS | Source |
| Aug 2025 | Smart CommunicationsAgreed to sell a majority stake to Cinven while keeping a minority position | Exit | Software & SaaS | Source |
| Jun 2025 | CareLineLiveMajority investment in UK home care management software | Platform | Software & SaaS | Source |
| Jan 2025 | ResidexMajority investment in electronic health record software for assisted living | Platform | Software & SaaS | Source |
| Nov 2024 | AKKR Strategic CapitalMore than $2.2 billion raised to buy into software companies through secondary deals | Fund close | Source |
Portfolio by sector
From the firm's portfolio page S3.
Equity
- 4human
- Abrigo
- AccessPay
- Appspace
- Arbiter
- Basware
- Birdeye
- Blue Mountain
- Cendyn
- Drips
- Duett
- Eletive
- Endalia
- Enmark
- Entersekt
- ESTELA
- Exxat
- FastSpring
- FRISS
- Greenshades
- Humanforce
- imed
- isolved
- Kantata
- LeagueApps
- LeanDNA
- Lemontech
- Masabi
- Mcmtech
- NAVTOR
- Ntracts
- Nutrislice
- Ocuco
- Office Timeline
- OrthoFi
- Pacera
- Partnerize
- Paymentus
- Phocas Software
- Point of Rental
- PropLogix
- Quartex
- Reapit
- Recurly
- REG Technologies
- Residex
- Safeguard Global
- Siigo
- Singletrack
- Staritas
- StoreForce
- Submittable
- Symfonia
- Teamcore
- TELCOR
- Tithe.ly
- Unimarket
- UpKeep
- VisiQuate
- Whip Around
Equity and credit
- Accertify
- ESG
- ESO
- GPS Insight
- Kaleris
- Loftware
- Salary.com
- Smart Communications
- Springbrook Software
- SugarAI
- ToolsGroup
- TrueCommerce
- Vendavo
- Veryon
- Vitu
- Yes Energy
Past investments: Tai Software
Greymont’s take
How Accel-KKR fits a seller
Accel-KKR suits founders of business software companies who want a buyer that knows software well and can offer more than one structure. An owner who wants to keep control can take a minority growth investment, as Exxat did in January 2026, while one who is ready to sell can choose a majority deal like Whip Around or Nutrislice. Many recent deals were in the UK, Norway and Australia, so the firm is used to cross-border processes. Owners of IT services, managed services or other non-software businesses are a weaker fit.
Accel-KKR often sells to other investors and sometimes keeps a minority stake after a sale, as it did with Smart Communications and Blue Mountain. An owner should ask which fund would make the investment, how long that fund usually holds a company, and what role the founder would keep after closing.
Questions owners ask
What size companies does Accel-KKR invest in?
Its stated criteria cover software and tech-enabled services companies with revenue up to and above $200 million. It also runs an Emerging Buyout fund for smaller software companies; the second one closed at $920 million in March 2023.
Does Accel-KKR take minority stakes?
Yes. Its Growth Capital funds make minority investments, such as the January 2026 minority growth investment in Exxat, and its credit arm provides growth financing, as it did for MyComplianceOffice in September 2026.
Does Accel-KKR invest outside the United States?
Yes. Recent investments include AccessPay and REG Technologies in the UK, 4human in Norway and Health Metrics in Australia. Besides Menlo Park, the firm has offices in Atlanta, Chicago, New York and London.
Is Accel-KKR part of Accel or KKR?
No. Despite the similar name, Accel-KKR says on its website that it has no ownership or management ties to Accel Partners or to Kohlberg Kravis Roberts.
Sources
- S1Accel-KKR home page Accessed October 20, 2026
- S2Accel-KKR: Our Approach (investment criteria) Accessed October 20, 2026
- S3Accel-KKR: Our Partner Companies Accessed October 20, 2026
- S4Accel-KKR Raises Seventh Flagship Buyout Fund and Second Emerging Buyout Fund (March 30, 2023) Accessed October 20, 2026
- S5Accel-KKR Raises First Strategic Capital Fund (November 21, 2024) Accessed October 20, 2026
- S6Accel-KKR: Our Story Accessed October 20, 2026
- S7Accel-KKR: News & Insights Accessed October 20, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Accel-KKR. Figures are as reported on the dates shown and may have changed. Request a correction