Accel-KKR Receives Minority Equity Investment from PACT Capital Partners
MENLO PARK, Calif., June 18, 2025 /PRNewswire/ -- Accel-KKR, a software and technology-focused private equity firm, today announced that PACT Capital Partners, a middle-market focused GP stakes investment firm, has made a minority equity investment in the firm.
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.
Tom Barnds and Rob Palumbo, co-Managing Partners of Accel-KKR, said, "This investment by PACT will accelerate our achievement of our strategic goals, and we are excited to extend our relationship with Christian von Schimmelmann, who has been a friend to Accel-KKR for many years. We look forward to leveraging PACT's relationships and value-added capabilities through their imPACT team."
"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."
Christian von Schimmelmann, Managing Partner at PACT, said, "We are thrilled to partner with Accel-KKR, which we believe is one of the preeminent technology investment platforms in the world, and to back them with both capital and strategic support. On a personal level, I'm very excited to continue the relationship with Tom and Rob, who have built what we view as one of the strongest and best performing private investment businesses in the industry."
Brian Vickery, Partner and head of PACT's proprietary imPACT Platform, added, "Accel-KKR has built an exceptional, diversified investment platform over multiple decades. We very much look forward to working with Tom, Rob, and the rest of the Accel-KKR team."
Specific terms of the transaction are not being disclosed.
About Accel-KKR
Accel-KKR is a technology-focused investment firm with $21 billion in cumulative capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for top-line and bottom-line growth. At the core of Accel-KKR's investment strategy is a commitment to developing strong partnerships with the management teams of its partner companies and a focus on building value alongside management by leveraging the significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions, including buyout capital, minority-growth investments, secondaries, and credit alternatives. Accel-KKR also invests across various transaction types, including private company recapitalizations, divisional carve-outs and going-private transactions. Accel-KKR's headquarters is in Menlo Park, with offices in Atlanta, Chicago, London, and Mexico City. For more, visit accel-kkr.com.
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 New York, PACT utilizes its proprietary imPACT platform to assist partner firms in accelerating capital formation, designing and launching new products, improving operations, attracting and retaining talent, leveraging cutting-edge technology, and improving outcomes for underlying portfolio companies. For more information, please visit https://www.pactcapitalpartners.com/.
Media Contact for Accel-KKR:
Todd Fogarty, Kekst CNC, todd.fogarty@kekstcnc.com
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SOURCE Accel-KKR