Accel-KKR Receives Minority Equity Investment from PACT Capital Partners
Proceeds from the PACT investment will be used primarily to increase Accel-KKR's capital commitments to the firm's current investment strategies and support the firm's continued growth. None of the capital being invested by PACT as part of this transaction is being distributed to the principals of Accel-KKR.
"The principals of Accel-KKR are already the largest investors across our capital base, providing strong alignment with our limited partners," Barnds and Palumbo said. "This investment from PACT will help us to expand our future capital commitments across the entire Accel-KKR platform."
Specific terms of the transaction are not being disclosed.
About Accel-KKR
Accel-KKR is a technology-focused investment firm with
About PACT Capital Partners
PACT Capital is an independent investment firm focused on providing capital and strategic support to middle-market alternative asset management firms. PACT seeks to partner with high-performing established and emerging private capital firms and help them to achieve their strategic objectives. Headquartered in
Media Contact for Accel-KKR:
View original content:https://www.prnewswire.com/news-releases/accel-kkr-receives-minority-equity-investment-from-pact-capital-partners-302485177.html
SOURCE Accel-KKR
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Scientific Interest Grows in Liver Health Herbal Supplements Featuring Milk Thistle, Turmeric and Dandelion Root, Highlights PureHealth Research
- ComEd Restores Power to Over 240,000 Customers as Crews Push Through Holiday Weekend to Finish Restoration
- Bitcoin Price Prediction 2030: How High BTC Could Climb and the Early Meme Presale on Bullski’s Priority List
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share