Accel-KKR

This #GivingTuesday, we’re reflecting on several causes that we had the honor of supporting:   We donated laptops to two youth organizations— Generation United States and Oakland Lacrosse Club —to help bridge the digital divide and empower students on their technology journeys.   We also partnered with Boys & Girls Club of America in a multi-city, multi-program initiative that brought our teams together for a common cause. From New York to the West Coast, our teams volunteered with local clubs on student enrichment activities such as homework help, goal setting, after-school games, fall festivities and assembling several hundred swim totes for students. Even our non-US based colleagues joined in on the fun by participating in online fundraisers. We are grateful for the opportunity to serve others and give back to our communities. By empowering youth and supporting meaningful initiatives, we hope to do our part in supporting the next generation to achieve their goals. #advanceyourjourney #growth

Accel-KKR congratulates Vitu on signing a definitive agreement to acquire the Dealertrack registration and titling businesses from Cox Automotive. This strategic move strengthens Vitu’s position as a leader in Vehicle-to-Government (V2Gov) technology, delivering innovative solutions to dealer, lender and government partners nationwide. Details here: https://lnkd.in/eA2qxXdC   Don Armstrong, CEO of Vitu, said: “By bringing together the expertise, experience, and strengths of the Dealertrack and Vitu teams, we will enhance our ability to better serve dealers, lenders and governments today and pave the way for the digital titling and registration ecosystem of tomorrow.”   Congratulations to the Vitu and Dealertrack teams on the exciting journey ahead. #growth #advanceyourjourney

We’re excited to announce the close of AKKR Strategic Capital, with over $2.2 billion in capital commitments dedicated to secondary investments in software transactions.                                           AKKR Strategic Capital will invest in a broad range of transactions primarily focused on the software industry in the secondary market, aligning with the firm’s long-standing focus and experience backing growing software and technology enabled services companies. With nearly 25 years of experience in software investing and over 450+ technology investments since 2000, Accel-KKR is one of the most active private equity firms in the software and tech-enabled services sector.   “The secondary market in private equity continues to experience significant growth, including accelerating growth in the GP-led continuation vehicle (“CV”) segment. Based on our own successful experience with CVs, as well as other opportunities that we expect to find more broadly within the Accel-KKR ecosystem, we believe our firm is well positioned to bring specialized software expertise to the secondary market,” said Tom Barnds, Co-Managing Partner at Accel-KKR.   The lead investor in AKKR Strategic Capital is Ardian, and other investors include StepStone Group, Adams Street Partners and CPP Investments. #growth #advanceyourjourney

We’re proud to share that Accel-KKR has once again been recognized among Inc. Magazine's 2024 Founder-Friendly Investors for the sixth consecutive year.  And for the second year, Accel-KKR also was recognized as a debt financing provider, in addition to our role as PE investors.  Read here: https://lnkd.in/edu9kdY9 This recognition reflects our company ethos as trusted partners to visionary founders and entrepreneurs —people who are changing the world by building thriving businesses. To the entrepreneurs and founders we have the honor to work with: your trust drives our commitment to help you take your vision to new heights. Thank you for your partnership: here’s to many more years of shared growth! See the full list of this year’s awardees here: https://lnkd.in/ebhzF2Xq #AdvanceYourJourney #Growth #founderfriendlyinvestors #founderfriendly

Earlier this month, we celebrated this year's graduates from Accel-KKR’s Ascend program, a leadership development initiative designed for top talent across our portfolio companies.   As part of the year-long program, these leaders gained invaluable skills on managing SaaS businesses, leading teams through change and growth, and forging strong connections within their businesses and with peers in the Accel-KKR network.    We are honored to be a part of the leadership journeys of these individuals and of our portfolio companies at large. Congratulations to this year's cohort.  #AdvanceYourJourney #Growth 

Accel-KKR just concluded our annual Women in Leadership Summit, where we brought together senior female executives from our portfolio companies for an enriching week of networking, learning and cross-company collaboration. The summit highlighted the incredible talent within the Accel-KKR family, and we are proud to work with such inspiring women leaders. A heartfelt thanks to all the participants for making this summit a success and overall, a wonderful time spent together. #AdvanceYourJourney #Growth #WomenInLeadership

We are excited to welcome the newest addition to our portfolio family, LeagueApps, a leading youth sports management platform.  Read more here: https://lnkd.in/es4JQjPp LeagueApps helps youth sports organizations manage millions of events, process billions of dollars that enable their sports programming, as well as support their engagement of millions of players, parents, and coaches.    In working closely with co-founders Brian Litvack and Jeremy Goldberg, their passion to bring innovation to youth sports is evident. The LeagueApps team cares deeply about its mission to bring the benefits of sports to kids everywhere: from its market-leading web and mobile technology platform, to impact initiatives such as FundPlay Foundation, a 501c3 initiative that has benefited over 200 youth sports organizations in underserved communities with grants of free licenses of LeagueApps software.   Alongside minority partner investor Arctos and continuing investors, we are proud to help LeagueApps further its mission: to create amazing sports experiences for all. #AdvanceYourJourney #Growth

In another post today about company growth, Accel-KKR is proud to support Unimarket and VendorPanel in their merger to deliver an even more powerful and integrated source-to-pay solution. See more here: https://lnkd.in/exC7gm3P Unimarket and VendorPanel are both leaders in the procurement technology space, together serving nearly 450 clients globally across key sectors including corporate, education, healthcare, government, energy, facility management, transport, and utilities. With global procurement estimated at $13 trillion USD annually, there is a critical need to optimize processes, increase efficiency, reduce risk, and drive significant cost savings. With their combined capabilities, these two companies are now poised to capitalize on global growth opportunities and deliver unmatched value to their customers while driving innovation and performance improvements across the source-to-pay ecosystem. #AdvanceYourJourney #Growth

Accel-KKR worked with INX Software and K2fly to bring the two companies together, offering a full suite of mission-critical software for high-risk industries. INX and K2fly solutions serve mining and resource sectors, as well as other large and complex industries such as health, transport, energy & utilities, engineering, manufacturing and government. Details: https://lnkd.in/ew_bfdKf Clients face increasingly stringent regulatory obligations to identify, manage and report risk. The collective strength of INX and K2fly can help clients stay ahead of enterprise risk and scale their businesses with confidence.

Congratulations to Cendyn and Knowland for creating a powerful new solution for the hospitality industry, combining leading digital business platforms and data intelligence to enhance sales prospecting for hoteliers in the MICE (meetings, incentives, conferences, and events) space. Read more: https://lnkd.in/e9RnhYq6 Business travel is expected to regain 95% of its pre-COVID peak in 2024, and a proactive sales outreach for group business will be key to shifting the needle for hoteliers.   We also welcome Haveli as a partner investor in Cendyn. #AdvanceYourJourney #Growth