Accel-KKR Credit Partners Provides Growth Financing to Dalet
30/04/2024
Dalet has been the technology backbone of leading news, media & entertainment, and sports organizations for decades, providing a mission-critical platform that our customers rely on to run their day-to-day operations, said Santiago Solanas, CEO of Dalet. We are at a pivotal point with an opportunity to further enhance our offerings with the latest innovations in cloud and AI. After executing our go-private strategy in 2020 with our capital partners Long Path Partners, we welcome Accel-KKR Credit Partners as Dalet continues to invest in R&D and deliver innovative, transformative solutions.
Founded in 1990, Dalet provides cloud-native workflow and automation solutions for media companies globally. The unified platform supports the daily operations of its customers by providing critical story-telling functionality and a highly scalable content management system that supports complex video content management and distribution.
Dalet has recently launched Dalet Pyramid, the next-generation and modular suite of applications for news production and distribution. The product is a modern, cloud-based story-centric solution that is being embraced by some of the largest names in news. Dalet Pyramid breaks silos and fosters collaboration between teams at multilocation stations, which is increasingly relevant as organizations focus on efficiency and speed to deliver content to their audiences. Dalet Pyramid took home the prestigious TV Tech NAB Best of Show award in April 2024.
We are excited to see the momentum across the news, live event, and streaming markets, said Christian Heim, Chairman of the Board, Dalet and Partner at Long Path Partners. As long-term investors in Dalet, we have always admired and supported Dalet's strategy of customer-centric technology innovation. We are thrilled to partner with Accel-KKR Credit Partners to further fuel our innovation and growth plans. Accel-KKR Credit Partners is clearly a unique fit to provide growth financing to Dalet as they are experts in the software space and share our vision for Dalet.
Long Path Partners is creating value in Dalet by having the right management team in place and making the right product investments to position the company as a software leader for newsrooms and the media industry broadly, said Samantha Shows, Managing Director at Accel-KKR. We look forward to supporting Dalet in its next phase of growth.
About Dalet Dalet empowers media-rich organizations to transform their production and distribution workflows - accelerating media operations, maximizing collaboration, and creating higher value from content. As a leading media technology and service provider with over three decades of innovation, our software solutions enable greater control, enhanced visibility, and increased productivity for content professionals and storytellers around the globe. Leading organizations such as NBCUniversal Local, Fox Networks Group, Arsenal Football Club, MediaCorp, Peloton, and the BBC trust Dalet to support their daily content operations. Dalet is driven by a passion for media and committed to empowering a world where compelling stories are beautifully made, effortlessly told, and thoughtfully delivered.
About Long Path Partners Long Path Partners is a privately owned investment firm that invests in a limited number of high-quality, predictable, category-leading businesses. Long Path's patient and flexible capital base allows for aligned partnerships with like-minded management teams to execute long-duration, strategic investment objectives in both the public and private markets. Long Path Partners is based in the New York metropolitan area and focuses its investment activity primarily in the North American, European, and Australasian regions.
About Accel-KKR Accel-KKR is a technology-focused investment firm with over $19 billion in cumulative capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for topline 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 portfolio 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, 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. Visit accel-kkr.com to learn more.
About Accel-KKR Credit Partners Accel-KKR Credit Partners provides debt financing to leading software businesses. The fund structures non-dilutive investments for founder-owned businesses and flexible credit products for institutionally-owned businesses. The debt capital is used to support acquisitions, dividends, shareholder buy-backs, and growth investment. Accel-KKR Credit Partners has completed over 60 investments and deployed nearly $1 billion in capital.
LINK: | https://www.dalet.com/news/accel-kkr-credit-partners-provides-growth-f... |
See more stories from dalet |
Europe Stories
04/08/2024
Dalet Appoints Santiago Solanas as CEO to Lead Next Era of Growth and Innovation
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
03/06/2024
Dalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media Archives
Dalet, a leading technology and service provider for media-rich organizations, a...
21/05/2024
Unveiling the next chapter: The Marlow Murder Club returns for a second series on free-to-air channel U&DRAMA and free streaming service, U
(L-R) Jo Martin, Samantha Bond and Cara Horgan Samantha Bond, Jo Martin, Cara ...
21/05/2024
A Warm Spotify Welcome to Bonnier Books UK and Blackstone Publishing
As Spotify continues to grow its worldwide audience for audiobooks, we're thrilled to welcome two new publishing partners-Bonnier Books UK and Blackstone Pu...
21/05/2024
Capturing Cityscapes With LEE Filters
Part of being a photographer is adapting to situations, says photographer Verity Milligan. In this video, Milligan takes her camera to the Gas Street Basin nei...
21/05/2024
Avid partners with Post Super on post production training course
The programme aims to provide those working in post with a comprehensive understanding of their role within the broader post production ecosystem By Jenny Prie...
21/05/2024
Stephen van Rooyen appointed VodafoneZiggo CEO
He joins VodafoneZiggo following the retirement of Jeroen Hoencamp and will be based at the companys offices in Utrecht By Jenny Priestley Published: May 21,...
21/05/2024
TVBEurope May/June 2024 issue out now
Our latest issue hears from France T l visions about their plans for Paris 2024, we also celebrate the winners of our NAB 2024 Best of Show Awards and explore c...
21/05/2024
Artist Ecosystem Enables Campus Wide Communications for Liberty University
Wuppertal May 21, 2024 Artist Ecosystem Enables Campus Wide Communications for Liberty UniversityRiedel Communications today announced that Liberty University...
21/05/2024
2024-05-21
PARIS Apple and le-de-France Mobilit s today introduced an easy, secure, and private way for customers to add a new Navigo card to Apple Wallet and purchase pa...
21/05/2024
RT 2FM announces Drive It with The 2 Johnnies' is to come to an end
RT 2FM today announced that the Drive It with The 2 Johnnies is to come to an end on 31 May. Head of RT 2Fm, Dan Healy said: After two very successful years...
21/05/2024
RT launches a series of Animated Shorts on the theme of Home
HOME IS WHERE THE STORY BEGINS RT launches a series of Animated Shorts on the theme of Home Watch: rte.ie/player/kids Among these short animations is Envelo...
20/05/2024
Masters of Reinvention commissioned for Yesterday & UKTV Play
22nd May 2024 UKTV has commissioned Masters of Reinvention (6x60) for its leading factual channel Yesterday and free streaming service UKTV Play, to be produced...
20/05/2024
Spotify CLASSICS: The 100 Greatest Hip-Hop Songs of the Streaming Era
Reviews by Carl Chery, Kemet High, and Adrian Covert In February, we launched Spotify CLASSICS-our first-ever program to celebrate catalog music. Our inaugur...
20/05/2024
Poolside Gossip
Created by showrunner Abe Sylvia, the Apple TV+ comedic drama Palm Royale navigates the tale of one womans ambitious journey to make it amongst the upper crust,...
20/05/2024
EditShare celebrates anniversaries at CABSAT with innovations, integrations and implementations
EditShare Celebrates Anniversaries at CABSAT with Innovations, Integrations and ...
20/05/2024
Meet the VFX producer
Angus Berryman, VFX producer at UNIT studio tells TVBEurope how perseverance paid off as his career progressed By Matthew Corrigan Published: May 20, 2024 ...
20/05/2024
Sony signs NDA with Paramount Global but is reticent about earlier plan
The New York Times said the move was a significant step forward in their effort to court Paramount By Matthew Corrigan Published: May 20, 2024 Updated: May...
20/05/2024
VEON's Banglalink and Robi Axiata Partner to Explore Network Sharing to Expand 4G Access in Bangladesh
20 May 2024 VEON's Banglalink and Robi Axiata Partner to Explore Network Sh...
20/05/2024
HARMAN Professional Solutions Appoints Algam Ibrica as the Official Distribution Partner in Spain
May 20, 2024 LONDON-HARMAN Professional Solutions, the global leader in audio, ...
20/05/2024
Thales and Nokia partner to deliver seamless renewal to London Underground
Facebook Twitter LinkedIn Thales, with its transmission network technology partner, Nokia, has been selected by Transport for London (TfL) to deliver an i...
20/05/2024
First European Election Major TV Debate this Monday Night on Upfront with Katie Hannon
As part of RT 's extensive coverage in the run up to the European Parliament...
17/05/2024
Meet the product manager
Muster Ngobi, product manager at LYNX Technik tells TVBEurope how the ever-evolving media industry provides a truly dynamic working environment By Matthew Corr...
17/05/2024
RT'S Operation Transformation comes to a close after 17 seasons
RT has today announced that Operation Transformation (OT) is to end after 17 seasons. As series come to an end each year, RT undertakes an editorial review to...
16/05/2024
Mental Health Matters: Embrace Self-Care With These Audiobook and Podcast Listens
May is Mental Health Awareness month, a time to recognize those living with ment...
16/05/2024
Clear-Com Communication Solutions Enhance Oregon State University's PRAx Building
eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({...
16/05/2024
A year in live HDR production
John Mailhot, senior vice president, product management at Imagine Communications, gives an insight into how HDR is impacting live production today, as well as ...
16/05/2024
1185 Films launches one stop shop' for industry talent
1185 Talent will include directors, editors, colourists, VFX artists and photographers By Jenny Priestley Published: May 16, 2024 1185 Talent will include...
16/05/2024
Updated: Presteigne Broadcast Hire enters administration
The administrators said they are focused on trading the business as a going concern while they assess options, including exploring the possibility of a sale By...
16/05/2024
AWS CEO Adam Selipsky steps down
Selipsky will leave the company on 3rd June, and will be succeeded by Matt Garman, a senior vice president who has overseen sales and marketing at AWS By Jenny...
16/05/2024
VEON 1Q24 Trading Update: Accelerating USD Growth, Strong Operational Execution
16 May 2024 VEON 1Q24 Trading Update: Accelerating USD Growth, Strong Operational Execution Amsterdam, 16 May 2024 07:00AM CEST - VEON Q1 2024 Highlights Q1...
16/05/2024
Rohde & Schwarz shows the future of terrestrial broadcasting at CABSAT 2024
Rohde & Schwarz shows the future of terrestrial broadcasting at CABSAT 2024 Real innovations in services and sustainability Meet us at CABSAT 2024 in Dubai...
16/05/2024
Getting moving for Mental Health Awareness Week
Posted on 16 May 2024 We're huge advocates of positively improving our mental wellbeing so going green for Mental Health Awareness Week was an obvious ward...
16/05/2024
Venu Sports Introduced as Name for Forthcoming Sports Streaming Service
Venu Sports Introduced as Name for Forthcoming Sports Streaming Service Details of ESPN, Fox and Warner Bros. Discovery Joint Venture Take Shape with Brand an...
16/05/2024
Cruinni na ng 2024 - a day of free creative activity for young people
RT is supporting Cruinni na n g with a nationwide campaign on television, radio, online and digital. For a full listing of all activities and information on h...
15/05/2024
UKTV Ventures partners with The Farewell Guide in 1million airtime-for-equity deal
12th March 2024 - Award-winning broadcaster UKTV has today announced it has inve...
15/05/2024
De viktigaste insikterna frn Spotifys rliga Loud & Clear-rapport
Med sin rliga royaltyrapport Loud & Clear kar Spotify transparensen i musikindustrin, s att artister, l tskrivare, fans och hela musikbranschen f r en st rre...
15/05/2024
Chegaram as ltimas estatsticas: Artistas brasileiros geraram mais receita e alcanaram mais fs no Spotify - basta perguntar Anitta
Nos ltimos 10 a 15 anos, a mudan a para o streaming de udio transformou comple...
15/05/2024
The Latest Stats Are In: Brazilian Artists Generated More Revenue and Reached More Fans on Spotify-Just Ask Anitta
Over the last 10-15 years, the move toward streaming audio has completely transf...
15/05/2024
Celebrating 80 years of success in Morganton
On May 15th, we celebrate the 80th anniversary of the SGL Carbon site in Morganton, North Carolina. The entire SGL Morganton family came together to celebrate t...
15/05/2024
ST Engineering iDirect's SKYflow Wins 2024 NAB Show Product of The Year Award
The pioneering satellite OTT solution clinched the Hardware Infrastructure award...
15/05/2024
Gary Heelas joins TSL as principal engineer
TSL said the appointment marks a strategic enhancement in the companys commitment to focusing on UK and US-designed and manufactured solutions By Jenny Priestl...
15/05/2024
Is Sony about to pull out of its bid for Paramount?
Sony and Apollo may decide to acquire Shari Redstone's National Amusements, which is the controlling shareholder of Paramount Global By Jenny Priestley P...
15/05/2024
Presteigne Broadcast Hire enters administration
The company appointed administrators yesterday (May 14th) By Jenny Priestley Published: May 15, 2024 The company appointed administrators yesterday (May 1...
15/05/2024
VEON Publishes Annual Corporate Governance Report for Financial Year 2023
15 May 2024 VEON Publishes Annual Corporate Governance Report for Financial Year 2023 Amsterdam, 15 May 2024 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEO...
15/05/2024
VEON and Beeline Kazakhstan Partner with GSMA and Barcelona Supercomputing Centre to Support Use of AI in Local Languages
15 May 2024 VEON and Beeline Kazakhstan Partner with GSMA and Barcelona Superco...
15/05/2024
MAGYAR TELEKOM RESULTS FOR THE FIRST QUARTER OF 2024
MAGYAR TELEKOM RESULTS FOR THE FIRST QUARTER OF 2024 Budapest, May 15, 2024 17:35 Magyar Telekom today reported its consolidated financial results for the...
15/05/2024
Rohde & Schwarz introduces the MXO 5C series, the world's most compact oscilloscope with up to 2 GHz bandwidth
Rohde & Schwarz introduces the MXO 5C series, the world's most compact oscil...
15/05/2024
2024-05-15
Apple Watch is a versatile device for golfers to stay connected, active, and healthy, and a suite of great golfing apps offers users course information, as well...
15/05/2024
Getting transparent about the AATP - what you need to know
What is the AATP initiative? David: The Advanced Advertising Transparency Programme (AATP) is a set of standards that has been collectively agreed by the online...