KKR announced the appointment of Michaela Wood as a Director, effective from August 03, 2021. Based in London, Michaela will join the EMEA private equity team to work on UK coverage as well as supporting investments in the Business Services sector across Europe. She will report to Tim Franks, Partner and Head of the UK. Michaela joins KKR after six years at CVC Capital…
KKR, a global investment firm, announced that KKR has agreed to acquire Teaching Strategies, the leading provider of curriculum, assessment and family engagement tools to the early childhood education (“ECE”) market, from global growth investor Summit Partners. Financial details of the transaction were not disclosed. Founded in 1988, the Company is the largest provider of comprehensive…
KKR, a global investment firm, and Vini Cosmetics, a personal care and beauty products company in India, announced the completion of KKR’s purchase of a majority stake in Vini. Following the conclusion of the transaction, Vini’s Co-Founders continue to hold a significant stake in the Company. Darshan Patel remains in his role as Chairman of the Board, while Dipam Patel has…
KKR, a leading global investment firm, announced that it has agreed to acquire Neighborly, the world’s largest provider and franchisor of home service brands, from Harvest Partners. Financial details of the transaction were not disclosed. Founded in 1981, Neighborly is a leading home services platform that connects more than 10 million residential and commercial customers with a…
KKR, a global investment firm, announced the signing of definitive agreements under which KKR will acquire Global Infrastructure Partners’ (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometers. HC1 is a platform in India that manages GIP’s road portfolio which spans across seven states including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil…
KKR, a leading global investment firm, announced the appointments of Giacomo Picco and Stephanie Yeh as Managing Directors on the firm’s global private credit team based in New York. The new hires deepen KKR’s capabilities and reach within its private asset-based finance (“ABF”) investment strategy, with Picco leading a new effort focused on receivables and inventory financing and Yeh responsible for co-leading sourcing of ABF investment…
Leading Australian and New Zealand education technology company Education Perfect (EP), global investment firm KKR, and Australia-based private equity firm Five V Capital announced the signing of definitive agreements pursuant to which KKR will acquire a majority stake in the Company. EP, a certified B Corporation, empowers students, teachers, parents, and school leaders by providing…
KKR, a leading global investment firm, announced the appointment of Ajay Kavan as a Senior Advisor in Europe, effective immediately. Based in London, Kavan will support KKR’s pan-European investment activities in technology and digitally-enabled businesses and will advise KKR’s portfolio companies. In particular, he will focus on the consumer internet sector in eCommerce and direct-to-consumer offers, as well as companies undergoing…
Voyager Innovations, a technology company in the Philippines, has announced that it raised US$167 million to fast-track financial inclusion in the Philippines through its financial technology arm, PayMaya Philippines. Participating in the funding were existing shareholders PLDT Inc., the Philippines’ integrated telecommunications company and digital services provider; KKR, a global investment firm; and Tencent, a…
Cloudera, (CLDR), the enterprise data cloud company, announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice (CD&R) and KKR in an all cash transaction valued at approximately $5.3 billion. The transaction will result in Cloudera becoming a private company and is expected to close in the second…
Wipro has sold its entire stake in IT services provider Ensono for $76.24 million. As part of the recently announced acquisition of Ensono by KKR, Wipro has sold its entire stake in Ensono Holdings, LLC for a consideration of US$ 76.24 million, the company said in its exchange filing. In March 2018, Wipro had made…
Lenskart, an omni-channel eyewear retailer in India, and KKR, a global investment firm, has announced the signing of definitive agreements under which KKR will invest US$95 million in Lenskart via a secondary stake acquisition. Upon the completion of the transaction, KKR will look to leverage its experience working with technology and eyewear companies globally to…
KKR, a leading global investment firm, announced that Nestlé has agreed to acquire The Bountiful Company, a pure play branded leader in global nutrition, for $5.75 billion. Under the terms of the agreement, Nestlé will acquire The Bountiful Company’s vitamin and supplement brands, Nature’s Bounty®, Puritan’s Pride, Solgar and Osteo Bi-Flex, which will be integrated…
Global investment firm, KKR, has announced the appointment of Sasank Chary as a Managing Director on KKR’s financial services industry team within its Americas private equity business. Chary will be based in KKR’s New York office and will focus on sourcing and executing investments in financial services and financial technology businesses. Chary brings over 15…
KKR, a leading global investment firm, announced that it has agreed to acquire a majority interest in Therapy Brands, a leading practice management and electronic health record (EHR) software platform for mental, behavioral, substance use recovery, applied behavior analysis (ABA) and physical rehabilitation healthcare providers, from its existing shareholders – investment funds affiliated with Lightyear…