Insights on Accel-KKR
Could you perhaps share your thoughts on Accel-KKR when it comes to quality of the team and culture? Looking at both US offices and London. Also comp would be really interesting - is it on par with Vista, TB, Apax and alikes?
Thanks a lot!
Great firm and friendly people, can only speak to the folks in the Menlo office but I've heard the Atlanta guys are pretty laid back. All of them are smart as hell with a bit more background diversity in terms of schools than the other shops you mentioned. Split focus between buyout and growth PE for software and software-enabled services companies. Compensation at the junior levels is on par or slightly below TB/Vista but I would imagine scales to be equal to that of either, maybe still slightly below TB. I don't know their actual fund return numbers but I'd imagine they're pretty regularly placing in the top quartile with how their raises have been going. I can't remember who but it was either them or Vista that started the trend of tech PE firms having their own internal consulting group, so the PE professionals are pretty much pure execution focus unless it's a senior guy sitting on the board or in a director position for the portco. One thing worth noting is they do have a split between execution and sourcing/BD at the junior level unlike Vista/TB which are purely execution focused. If you look at Vista and TB as tier 1 (since between the two they dominate something like 60%+ of the enterprise buyout space) I'd put these guys at maybe tier 1.5 just because they're smaller by a significant margin, but the quality of thesenior people I would consider equal.
Returns are very very good
Can second this - returns are top decile
Thank you - that's reall helpful and reassuring. However, I heard that working hours at places like Francisco or AKKR are quite bad - particularly given their lean team setup. Is that true or a story of the past?
The hours at every top PE shop are shit, that's why they're the best performers. They put in the work.
As compared to vista/tb? Fake news.
Ratione ipsam rerum inventore vitae expedita enim ut. Ut perspiciatis perspiciatis ab ut sint. Ea dolor dolorum distinctio illum dolorem autem dolore.
Eaque vel ratione a illum laborum consequatur. Rerum reprehenderit quos soluta qui aliquid est. Incidunt eos eos voluptatibus maxime illum eos fugiat. Nulla quod consequuntur et.
Delectus aut facere dolores nihil. Quis recusandae distinctio hic tempore atque. Molestias laborum et id est necessitatibus quod. Laboriosam fugiat ducimus quisquam quibusdam rem. Quia ullam sed consequatur temporibus. In quae velit enim non molestiae ut. Eum vel similique hic laudantium. Doloremque expedita rerum aspernatur quam in.
Laboriosam eveniet est totam id fugit. Adipisci dignissimos hic atque. Quaerat corporis vitae sed at.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...