SugarCRM has agreed to acquisition by Accel-KKR, a leading technology-focused private equity firm. Although the announcement calls the deal “a significant investment,” what typically happens when private equity moves in is that venture capital moves out. Private equity likes to own everything and thus have greater control. Although venture capital is still the prevalent investment form, private equity, with a different time horizon and goals, has been becoming increasingly important.
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Sugar’s New Shot Clock
Posted by: Denis Pombriant August 16, 2018 12:26 PMSugarCRM has agreed to acquisition by Accel-KKR, a leading technology-focused private equity firm. Although the announcement calls the deal “a significant investment,” what typically happens when private equity moves in is that venture capital moves out. Private equity likes to own everything and thus have greater control. Although venture capital is still the prevalent investment form, private equity, with a different time horizon and goals, has been becoming increasingly important.