Tag: kkr

KKR acquires majority stake in pallet pooling platform LEAP India

KKR, a global investment firm, and LEAP India (LEAP), a leading pallet pooling platform in India, announced the signing of definitive agreements under which funds managed by KKR will acquire a majority stake in the Company. Founded in 2013 by Sunu Mathew, LEAP is a leading pallet pooling platform in India, providing a wide range…

Freeman acquires global brand experience agency Sparks

Freeman, a global leader in events, announced that it has acquired Sparks, a global brand experience agency. Founded in 1919 and headquartered in Philadelphia, Pennsylvania, Sparks is globally recognized for providing award-winning exhibit and event experiences to a diverse group of Fortune 1000 brands, including Google, Salesforce, Anheuser-Busch InBev, and T-Mobile. Sparks’ proven approach to…

KKR completes acquisition of Industrial Physics, appoints Barry Lyon as CEO and Lance Reisman as Chairman

KKR, a global investment firm, announced the completion of the previously announced acquisition of Industrial Physics, a leading provider of test and measurement instrumentation, by investment funds managed by KKR on July 19, 2023. In conjunction with transaction close, Barry Lyon has been appointed Chief Executive Officer (CEO), and Lance Reisman has assumed the role of Chairman…

H.I.G. Capital to acquire RBmedia from KKR

Leading global investment firms KKR and H.I.G. Capital (H.I.G.) announced that an affiliate of H.I.G. will acquire RBmedia and support its next phase of growth and development. RBmedia is the leading audiobook publisher in the world with a powerful digital distribution network that reaches millions of listeners around the globe. “This acquisition marks a milestone…

Chase Corporation to be acquired by KKR for $1.3 bn

Chase Corporation (Chase), a global manufacturer of protective materials for high-reliability applications across diverse market sectors, announced that it has entered into a definitive agreement to be acquired by an affiliate of investment funds managed by KKR, a leading global investment firm (as applicable, “KKR”). The all-cash transaction is valued at approximately $1.3 billion, including…

Existing investors double down on o9 Solutions’ growth with incremental investment at $3.7 bn valuation

o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making for global enterprises, announced that its existing investors, led by General Atlantic’s BeyondNetZero the inaugural companion fund for the growth equity firm’s climate investing efforts, have invested an additional $116 million in the Company. Existing investors KKR and Generation Investment Management also participated in the round. The investment values…

KKR leads $190 mn Series C round in online platform MUSINSA

MUSINSA, an online fashion platform in South Korea, and KKR, a global investment firm, announced the signing of definitive agreements under which funds managed by KKR will lead the US$190 million Series C fundraise of MUSINSA, with participation from Wellington Management, one of the world’s largest independent investment management firms. Founded in 2001 as an…

Bausch Health enters into $600 mn financing facility with KKR

Global diversified pharmaceutical company Bausch Health Companies Inc. and KKR announced that Bausch Receivables Funding LP, an Ontario limited partnership and wholly-owned subsidiary of Bausch Health, has entered into a $600 million non-recourse financing facility with KKR and its credit funds and accounts. The facility will be collateralized by certain accounts receivables originated by a…

KKR to acquire a majority interest in PangeaCo and the fiber optic networks of Telefónica del Perú and Entel Perú

KKR, Telefónica Hispanoamérica, and Entel announced agreements under which KKR will acquire a majority interest in PangeaCo and the existing fiber optic networks of Telefónica del Perúand Entel Perú to build Perú’s first nationwide open access wholesale fiber optics company with the mission to bring greater access to fiber optics connectivity across the country. The…

KKR enters into amendment to definitive merger agreement with CIRCOR International

CIRCOR International, Inc. (CIRCOR), one of the world’s leading providers of mission critical flow control products and services for the Industrial and Aerospace & Defense markets, announced that it has accepted a proposal from affiliates of investment funds managed by KKR to increase the price of its previously announced definitive merger agreement with CIRCOR from…

PayPal and KKR announce exclusive multi-year relationship for European pay later receivables

PayPal Holdings, Inc. and KKR, a global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion of buy now, pay later (BNPL) loan receivables originated by PayPal in France, Germany, Italy, Spain, and the United Kingdom.…

KKR acquires industrial warehouses serving the Phoenix and Atlanta Markets

KKR, a global investment firm, announced the acquisition of an industrial park in Phoenix, Arizona and an industrial warehouse in Atlanta, Georgia. The properties are both newly constructed Class A assets and were acquired in two separate transactions from two different sellers for an aggregate purchase price of approximately $250 million. The Arizona property is strategically located in Phoenix’s Southwest Valley industrial submarket…