KKR Acquires Simon & Schuster from Paramount Global for $1.62B
Paramount Global and KKR signed a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction.
Paramount Global and KKR signed a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction.
Bausch Receivables Funding, an Ontario limited partnership and wholly-owned subsidiary of Bausch Health, entered into a $600 million non-recourse financing facility with KKR and its credit funds and accounts.
CVC Credit provided junior loan facilities to support the refinancing of Optiv, a U.S. cybersecurity consultancy and managed security services that is controlled by KKR.
KKR named Dan Pietrzak global head of private credit. KKR also announced that Michael Small will take on the additional responsibility of managing KKR’s direct lending efforts in Europe.
KKR agreed to make a growth investment in FGS Global, a strategic advisory and communications firm. KKR is making the investment primarily through its European Fund VI. The transaction is expected to close before the end of Q3/23.
Global investment firm KKR completed KKR’s acquisition of Hitachi Transport System (HTS). HTS will be renamed LOGISTEED on April 1, 2023.
KKR, a global investment firm, signed definitive agreements under which KKR will acquire 100% of Ness Digital Engineering, a global full-lifecycle digital services transformation company, from The Rohatyn Group.
KKR, a global investment firm, and Mubadala Investment Company, a global sovereign investor, signed a strategic partnership that will see the two firms co-investing across performing private credit opportunities in the Asia Pacific (APAC) region.
Flexport Capital secured a credit facility of up to $200 million from separate insurance accounts managed by KKR. The credit facility will allow Flexport Capital to continue to build a financing product within the Flexport Platform, and to further invest in client growth and geographic expansion.
KKR, a global investment firm, closed KKR Asset-Based Finance Partners (ABFP), KKR’s first fund of approximately $2.1 billion dedicated to asset-based finance investments.