Accel and KKR raise $600 million private equity fund
Accel-KKR has raised a third private equity fund of $600 million to invest in technology busineses.
The Accel-KKR Capital Partners III fund is a growth-oriented, middle-market tech fund. The fund was initially targeted at just $450 million and was significantly oversubscribed. Now two partners have more… Continue Reading
Grocery software company iTradeNetwork to buy Instill Corp.
A company called iTradeNetwork, which provides management software for the grocery industry, is about to acquire the Instill Corporation. Instill is a venture-backed startup that also targets the food service industry, in its case by making the purchasing process more efficient.
Instill will be brought in… Continue Reading
Accel-KKR has raised a tech buyout fund, at >$300M
Accel-KKR of Menlo Park, Calif. has closed its second fund with at least $300 million in capital commitments, according to Buyouts Magazine and cited by PE Week. The new vehicle will focus primarily on technology buyouts, the report said.