S&P Global announced that it has entered into an agreement to sell its Engineering Solutions business to investment funds managed by KKR, a global investment firm and a longstanding customer of S&P Global, for $975 million in cash, subject to customary purchase price adjustments. S&P Global currently anticipates the divestiture to result in after-tax proceeds of approximately $750…
KKR, a global investment firm, has appointed Lea-Sophie Cramer as an Industry Advisor to KKR’s Private Equity team, further strengthening KKR’s expertise in the European e-commerce and broader technology sector. In her role, Lea will leverage her extensive expertise as an entrepreneur to advise KKR on investment opportunities and further support selected portfolio companies with international…
KKR, a global investment firm, has appointed Harald Dürr as a Managing Director for KKR’s Client and Partner Group (CPG) to lead the firm’s Family Capital client business in the DACH region. In his role, Harald Dürr will focus on promoting KKR’s offering for family offices and further contribute to the positioning of KKR in the DACH region.…
KKR, a global investment firm, and Bushu Pharmaceuticals Ltd. (Bushu Pharma) announced the signing of definitive agreements under which KKR will acquire all shares in Bushu Pharma from BPEA EQT. Following the transaction’s completion, KKR aims to accelerate Bushu Pharma’s growth and further position the Company as a leading contract development and manufacturing organization (“CDMO”)…
KKR, a global investment firm, announced that KKR has agreed to acquire Clinisupplies, a market leader in continence care products in the UK, from Healthium. Clinisupplies’ management team will continue to hold a minority position. Financial details of the transaction were not disclosed. Clinisupplies is a UK-based manufacturer and distributor of continence care products, including urinary collecting devices and…
Global investment firm, KKR, announced a newly promoted group of 27 Managing Directors, effective January 1, 2023. “We are pleased to recognize this group of accomplished and talented senior leaders, whose progression to Managing Director is the culmination of years of hard work. These individuals have distinguished themselves by the way they exemplify our culture and…
Advanced Navigation, a developer of AI robotics and navigation technology, and KKR, a global investment firm, announced the signing of definitive agreements under which KKR will lead a US$68 million (AUD108 million) Series B funding round in the Company. The funding round includes participation from new investors such as deep learning venture firm AI Capital…
KKR, a global investment firm, and Privy, a leading digital trust provider in Indonesia, announced the signing of definitive agreements under which KKR will participate as the lead investor in the $48 million Series C funding round of Privy, with participation from existing investors MDI Ventures, GGV Capital and Telkomsel Mitra Inovasi (TMI), and new investors including Singtel Innov8. The investment…
KKR, a global investment firm, and Serentica Renewables (Serentica), a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, today announced the signing of definitive agreements under which KKR will invest $400 million in the Company. Serentica looks to deliver round-the-clock clean energy solutions for large-scale, energy-intensive…
KKR, a global investment firm, announced the signing of definitive agreements under which KKR will acquire 100% of Ness Digital Engineering (Ness), a global full-lifecycle digital services transformation company, from The Rohatyn Group (TRG). Founded in 1998 and headquartered in Teaneck, New Jersey, Ness is a leading provider of end-to-end digital transformation services that specializes…
Skydance Media (Skydance) announced the completion of a $400 million strategic investment round led by KKR and joined by The Ellison family who remain the Company’s majority shareholders. Existing investors RedBird Capital Partners and Tencent also participated in the fundraise, which values Skydance at over $4 billion. The addition of KKR as a new strategic…
NetSPI, a leader in enterprise penetration testing and attack surface management, announced that global investment firm KKR is increasing its investment in the company with $410 million in new funding. The growth investment validates NetSPI’s significant outperformance since KKR’s initial investment in May 2021 and will support NetSPI’s continued technology innovation, talent acquisition, and global expansion, as well as recapitalizing NetSPI’s first institutional…
Global investment firm KKR and Hero Future Energies (HFE), the renewable energy arm of the Hero Group, announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company. This investment will position HFE for continued growth and support its efforts to expand its renewable energy capacity and capabilities across technologies such…
Global investment firm KKR has appointed David Krancenblum as Head of France for Credit & Markets, effective August 30, 2022. David Krancenblum will be based in Paris. Krancenblum will cover all credit and capital markets transactions in France, including senior and junior private debt, structured capital and capital markets solutions for French financial sponsors and…
KKR announced the launch of Highways Infrastructure Trust (HIT), a roads infrastructure investment trust (InvIT). HIT is KKR’s third InvIT in India, in addition to Virescent Renewable Energy Trust, India’s first renewable energy InvIT, and India Grid Trust, a leading transmissions InvIT, and marks KKR’s latest development as it scales its infrastructure investment activity in the country. Together, these platforms…