KKR related stories
All articles and analysis
Remade VC wreck soars to historic highA vehicle launched in 2000 as a public venture capital fund has now come back strong as a buyout-oriented business development company. The market cap of MVC Capital, run by a former KKR pro, is at an all-time high following the announcement of two huge exits.
- Maxeda sells Hema to Lion Capital for €1.1bn
Private equity-owned Maxeda has disposed of Hema, selling the Dutch department store to retail specialist Lion Capital. Maxeda continues to prove a successful investment for the consortium of KKR, Cinven, AlpInvest and Permira that recapitalised the retail group last year.
- Kravis: Private equity in golden era
Delivering the key note speech yesterday at a conference in Canada, Henry Kravis said the buyout industry is in its golden era, and while admitting ’trees don’t grow to the sky’ he dismissed the idea of bubble.
- US take-privates surge
The value of private equity-backed privatisations in the US now represent nearly one-fourth of the total M&A market, according to new statistics.
- EMI agrees to £2.4bn Terra Firma bid
The world’s third largest recording company, EMI, has accepted a £2.4 billion, eleventh-hour bid from UK private equity firm Terra Firma.
- Friend Skoler creates ‘event photography’ platform
The New Jersey, KKR-backed firm has joined with Raymond James to invest in graduation and marathon photographers Chappell Studio and Bob Knight Photomarketing.
- GS, TPG to take Alltel private for $27.5bn
TPG and Goldman have agreed to buy US wireless provider Alltel for $27.5 billion, the largest-ever private equity deal in the telecom sector.
- Virgin Media considers take private
A private equity consortium led by Providence Equity Partners is reportedly preparing a $15 billion bid for UK cable business Virgin Media.
- New Look sale falters
Apax Partners and Permira, the private equity owners of UK fashion chain New Look, have reportedly pushed back the deadline of the auction to sell the business after failing to attract suitable offers.
- Lehman to float fund of funds
The investment bank is working to raise $500 million by selling shares in a Euronext-listed portfolio of direct and indirect private equity investments.