KKR
NBGI achieves 4x return on Ochre House exit
NBGI Private Equity has sold Ochre House to Pinstripe, a US-based business backed by Accel and KKR, reaping a 4x return on its original investment.
Funds-of-funds falling out of favour?
Funds-of-funds
PE firms circle Deutsche Telekom internet portal
Scout24, the internet portal owned by Deutsche Telekom, has attracted the interest of PE firms looking to buy a minority stake in the company.
Private equity firms circle Card Factory
UK greetings card retail chain Card Factory, backed by Charterhouse Capital Partners, has attracted interest from Advent International, KKR and Clayton Dubilier & Rice.
Tackling transparency and disclosure through data
While GP monitoring of portfolio companies becomes more sophisticated, LPs are demanding more granular insight into individual fund performance. The increasing demand for performance information begs several important questions: What data is required?...
Tax avoidance debate turns to private equity
Tax avoidance is top of the agenda for the G8 summit in Northern Ireland and part of that discussion will concern UK private equity’s treatment of corporation tax.
CVC- and KKR-backed Van Gansewinkel sells AVR subsidiary
Van Gansewinkel Groep, which is backed by CVC and KKR, has sold AVR Afvalverwerking BV (AVR) to the Cheung Kong Group consortium for €940m.
KKR looks to open Spanish office
KKR is considering opening a Spanish office to oversee its local activity.
PE-backed Kion Group to list
German forklift manufacturer Kion Group, backed by KKR and Goldman Sachs Capital Partners, is considering an initial public offering, according to reports.
KKR provides debt financing to Spain’s Uralita
KKR Asset Management, KKR‘s sub-investment grade manager, has provided a €320m seven-year facility to Spanish building materials firm Uralita.
UK government considers private equity route for Royal Mail
CVC, Carlyle and KKR are among the firms that have been approached by government advisers regarding a potential buyout of Royal Mail, according to media reports.
KKR acquires SMCP Group
KKR has supported the management buyout of luxury apparel retailer SMCP Group, acquiring the firm from French private equity houses L Capital and Florac.
KKR’s Pets at Home buys Vets4Pets
Pets at Home, a UK-based pet supplies retailer owned by KKR, has acquired Vets4Pets.
KKR close to €650m SMCP deal
US buyout giant KKR is in talks to buy French clothing brands Maje, Sandro and Claudie Pierlot – regrouped under the SMCP holding – for €650m, according to media reports.
KKR-backed Boots in deal with drug wholesaler AmerisourceBergen
Alliance Boots, backed by KKR and Axa Private Equity, and its US owner the pharmaceutical retailer Walgreens have struck a deal with US drug wholesaler AmerisourceBergen, according to reports.
KKR reshuffles team ahead of new fund launch
KKR will see two partners, Jacques Garaialde and Reinhard Gorenflos, depart before raising its next European fund, according to reports.
KKR sells BMG stake to Bertelsmann
KKR has sold its 51% stake in joint music venture BMG to co-owner Bertelsmann – a deal reportedly valuing the whole of the business at around €1.1bn.
KKR to sell BMG stake to Bertelsmann
KKR is reportedly about to sell its 51% stake in joint music venture BMG to co-owner Bertelsmann.
Private equity's biggest scandals
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Permira and KKR sell €485m ProSiebenSat.1 stake
Permira and KKR have sold shares in jointly-owned German media giant ProSiebenSat.1 on the Frankfurt stock exchange for €485m.
Finding a way to exit the boom year deals
Many of the headline-hitting buyouts of the boom era are still sitting in private equity portfolios. Charles Magnay, partner at Altius Associates, looks at how GPs have adapted to exit large companies in the post-Lehman world.
KKR and Bayside Capital acquire 75% of Estro Group
KKR and Bayside Capital, the credit business of HIG, have acquired 75% of Dutch day-care operator Estro Group as part of the company's restructuring.
Exit market hits €15bn in December
Almost €15bn worth of capital was realised by private equity portfolio sales in December 2012, the highest amount in the past year, according to figures from unquote” data.
Private equity firms prepare £10bn EE bid
Apax Partners and KKR are bidding against Blackstone and CVC Capital Partners for UK mobile phone operator EE, according to reports.