KKR hires new director in London

Wood 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 UK head at KKR.

Wood joins KKR after six years at CVC Capital Partners. Investments she worked on include the RAC, QA, Neptune Energy, Pro14 Rugby and Six Nations Rugby. She joined CVC from BC Partners, where she worked on UK deals including Sabre Insurance and CarTrawler. Wood also has experience from Boston Consulting Group and GE Capital.

KKR made its first investment in the UK in 2007 with the landmark Alliance Boots deal (which is still the country's largest-ever PE buyout). Since then, the firm has deployed more than USD 16bn in the UK.

Recent UK deals by the firm include sustainability consultancy ERM, bought from Omers Private Equity and Alberta Investment Management Corporation. The deal is expected to close in Q3 2021 and was valued at USD 2.85bn, equating to a 19.6x EBITDA multiple, Unquote reported. It also bought business support service Citation from Hg last year.

KKR is gearing up for the launch of its sixth European upper-mid-market vehicle, KKR European Fund VI, having filed the new vehicle in May, as reported. The GP held a final close for KKR European Fund V in November 2019 on €5.8bn, surpassing its €5bn target.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• People
• GPs
• UK / Ireland
• people moves
• KKR