Kind Of A Big Deal: Accel-KKR Is A Deal-Doing Machine
It's the worst deal-making environment in recent history, yet somehow Accel-KKR keeps cranking out new transactions. The firm earlier this week purchased Endurance International, a Burlington, Mass.-based web hosting and management business for an undisclosed amount. It was Accel-KKR's third deal in as many weeks, following the buyout court reporting tech business Alexander Gallo Holdings and the sponsorship of a merger between Amphire Solutions and its portfolio company iTradeNetwork. Plus, Accel-KKR held an oversubscribed close of its third fund. I had to ask, how is the Bay Area firm so prolific in such slow-moving times, and will it continue?
16 October 2008•3 mins read
