Accel-KKR Receives Minority Equity Investment from PACT Capital Partners

Whats Happening:

Accel-KKR, a software and technology-focused private equity fund, has received a minority equity investment from PACT Capital Partners, a middle-market focused GP stakes investment fund. The investment will primarily be used to increase Accel-KKR's capital commitments to its current investment strategies and support the fund's continued growth. None of the invested capital will be distributed to Accel-KKR's principals.

Key Moves:

• PACT Capital Partners makes minority equity investment in Accel-KKR

• Investment to increase Accel-KKR's capital commitments to current strategies

• No capital from the investment will be distributed to Accel-KKR principals

By The Numbers:

• Accel-KKR has $21 billion in cumulative capital commitments

• Accel-KKR has offices in Menlo Park, Atlanta, Chicago, London, and Mexico City

Key Quotes:

• "This investment by PACT will accelerate our achievement of our strategic goals," said Tom Barnds and Rob Palumbo, co-Managing Partners of Accel-KKR

• "We are thrilled to partner with Accel-KKR, which we believe is one of the preeminent technology investment platforms in the world," said Christian von Schimmelmann, Managing Partner at PACT

Bottom Line:

The minority investment from PACT Capital Partners strengthens Accel-KKR's position in the technology-focused private equity space. By increasing capital commitments and supporting growth, this partnership aims to enhance Accel-KKR's ability to invest in software and tech-enabled businesses, potentially leading to greater returns and expanded market influence.

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