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KKR - Mergers and acquisitions
KKR & Co. Inc. (KKR) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for KKR
- Japan Post Insurance Invests in KKR's Hoken Minaoshi Hompo GroupJapan Post Insurance Co., Ltd. ("Japan Post Insurance"), Hoken Minaoshi Hompo Group, Inc. ("Hoken Minaoshi Hompo Group" or the "Company"), a leading insurance distributor in Japan, and KKR, a leading global investment firm, today announced that Japan Post Insurance has acquired a minority stake in Hoken Minaoshi Hompo Group. This follows the acquisition of Hoken Minaoshi Hompo Group in 2025 by funds managed by KKR, which remains the majority shareholder. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260330133249/en/ Japan Post Insurance's investment will further enable Hoken Minaoshi Hompo Group to accelerate its growth strateg
- KKR Acquires Cheongna Logistics CenterTransaction marks the largest single asset logistics transaction in South Korea KKR, a leading global investment firm, and its affiliated Korean asset manager, Kreate Asset Management ("Kreate"), today announced the completion of the acquisition of Cheongna Logistics Center, a high-quality logistics facility located in Incheon, invested by funds managed by KKR, through a fund managed by Kreate in Korea. This represents the largest single asset logistics transaction in Korea to date. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251229774474/en/ Completed in 2022, Cheongna Logistics Center is a large-scale, modern 4.6-million
- KKR to Launch Tender Offer for Forum EngineeringMarks KKR's First Global Impact Investment in Japan KKR, a leading global investment firm, and Forum Engineering Inc. ("Forum Engineering"; TSE stock code 7088), announced today that KKR will launch a tender offer for the common shares and share options of Forum Engineering (the "Tender Offer") through KJ003 Co., Ltd. (the "Offeror"), an entity owned by investment funds managed by KKR. Forum Engineering's Board of Directors has resolved to support the Tender Offer and recommend that shareholders tender their shares.1 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251109696853/en/ The Tender Offer will commence on November 11,
- KKR Acquires Japanese Insurance Distributor Hoken Minaoshi Hompo GroupKKR, a leading global investment firm, today announced that funds managed by KKR have acquired Hoken Minaoshi Hompo Group, Inc. ("Hoken Minaoshi Hompo Group") from investment funds serviced by Advantage Partners ("AP"), a Japanese private equity sponsor. KKR's investment will help Hoken Minaoshi Hompo Group to accelerate its growth strategy and unlock new value, including through organic and inorganic growth strategies such as sales enablement and bolt-on acquisitions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250915837815/en/ Hoken Minaoshi Hompo Group is a leading insurance distributor in Japan, with an omnichannel presen
- Perrigo Announces Agreement to Divest Dermacosmetics Business for up to €327 MillionTransaction Advances Company's 'Three-S' Plan to Streamline its Portfolio and Strengthen Focus on its 'High-Grow' Brands Total Consideration of Up to €327 Million, Consisting of €300 Million in Upfront Cash and Up to €27 Million in Potential Future Milestone Payments Expected Net Proceeds to be Directed Towards Previously Announced Capital Allocation Priorities, Including Further Strengthening the Company's Balance Sheet DUBLIN, July 14, 2025 /PRNewswire/ -- Perrigo Company plc (NYSE:PRGO) ("Perrigo" or the "Company"), a leading global provider of Consumer Self-Care Products, today announced it has signed an agreement with Kairos Bidco AB, an investment vehicle managed by KKR, a leading glo
- KKR Acquires ProTen from Aware SuperKKR, a leading global investment firm, and Aware Super, a leading Australian super fund, today announced the signing of definitive agreements under which funds managed by KKR will acquire ProTen Pty Limited ("ProTen"), one of the largest agricultural infrastructure businesses in Australia, from Aware Super. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250701097305/en/ Established in 2001, ProTen develops, owns, and operates farm infrastructure for Australia's poultry supply chain, and plays an important role in supporting access to affordable, sustainable nutrition for Australian households. Today, the company manages poultry
- KKR Acquires Leading Australian Independent Power Producer Zenith EnergyTransaction marks latest infrastructure investment in ANZ and renewable energy investment in APAC KKR, a leading global investment firm, today announced the signing of definitive agreements to acquire Zenith Energy ("Zenith" or the "Company"), a leading independent power producer ("IPP"), from a consortium including Pacific Equity Partners, OPSEU Pension Trust ("OPTrust"), and Foresight Group (together the "Consortium"), with Zenith's founder and management retaining a minority stake. KKR's investment will position Zenith well for continued long-term growth on the back of favorable sector fundamentals and macro tailwinds. This press release features multimedia. View the full release here
- KKR Acquires Controlling Stake in Indian Healthcare Provider Healthcare Global Enterprises for $400 MillionKKR to be the largest and controlling shareholder KKR, a leading global investment firm, and Healthcare Global Enterprises (BSE: 539787; NSE: HCG; "HCG"), a leading healthcare organization in India, today announced the signing of definitive agreements with CVC, a leading global private markets manager, under which funds managed by KKR ("KKR") will become the largest shareholder in HCG and assume sole control of HCG's operations. Dr. BS Ajaikumar, Founder of HCG, will take on the role of Non-Executive Chairman and be focused on driving clinical, academic and research and development excellence. This press release features multimedia. View the full release here: https://www.businesswire.co
- KKR Acquires Stake in HRM Platform Employment Hero from SEEK InvestmentsTransaction marks KKR's latest technology growth investment in Australia SEEK Growth Fund continues to be a material investor in the company KKR, a leading global investment firm, Employment Hero, a global leader in employment management solutions, and SEEK Investments, manager of the SEEK Growth Fund, a long-term investment fund focused on human capital management, today announced the signing of definitive agreements under which funds managed by KKR will acquire a stake in Employment Hero ("the Company") from SEEK Investments. The SEEK Growth Fund continues to be a material investor in Employment Hero. This press release features multimedia. View the full release here: https://www.busine
- KKR Acquires Over a Third of FUJI SOFT With Completion of First Stage of Tender OfferFUJI SOFT's advisors, directors, and officers tendered ~90% of their share options Result means any plan to privatize FUJI SOFT will require KKR's support KKR, a leading global investment firm, today announced that in connection with its two-stage tender offer scheme (the "Tender Offer") for the common shares and share options of FUJI SOFT INCORPORATED (TSE stock code 9749; "FUJI SOFT") through FK Co., Ltd. (the "Offeror"), the Offeror, an entity owned by investment funds managed by KKR, completed the first of the two planned tender offers ("First Tender Offer") on November 5. With the completion of the First Tender Offer, the Offeror will become the largest shareholder of FUJI SOFT,
- KKR Acquires Portfolio of Four Industrial Warehouses Serving the Central Florida MarketKKR, a leading global investment firm, today announced that KKR has acquired a portfolio of four Class A industrial warehouses serving the greater Central Florida market, including Orlando and Tampa. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241021128092/en/(Photo: Business Wire) The four industrial properties sit at the intersection of Interstate 4 and U.S. Route 27, two vital transportation arteries in southwest Orlando that facilitate access to key demand drivers across Central Florida. The assets, totaling approximately 1.2 million square-feet (SF), are 100% leased to five high-quality tenants, including investment grade
- KKR Acquires Leading Near-Airport Parking Provider, The Parking Spot, from Green Courte PartnersKKR, a leading global investment firm, today announced that KKR has acquired The Parking Spot ("TPS" or the "Company"), the nation's leading owner and operator of near-airport parking properties, from an affiliate of Green Courte Partners, LLC, a private equity real estate investment firm. Financial terms of the transaction were not disclosed. Founded in 1998, TPS is the preeminent provider of near-airport parking operations in the U.S., with 47 strategically located parking properties across the country servicing customers traveling from all major airports. Its facilities are designed to deliver convenient, affordable, and hassle-free transitions to and from airport terminals, and feature
- KKR Acquires Portfolio of Six Class A Industrial Warehouses Across the U.S.KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of six well-located, Class A industrial logistics properties in major U.S. Gateway and Sunbelt markets for approximately $377 million. The six modern industrial properties possess an average vintage of 2014 and feature 35-foot average clear heights. The warehouses feature other state of the art characteristics making them highly relevant for the ever-evolving needs of today's logistics tenancy. The portfolio is 100% leased to a high-quality tenant mix. The assets are strategically located in infill submarkets across several major markets, including Seattle, Atlanta, Philadelphia, New Jersey and the Sa
- KKR Acquires Park 8Ninety, a 12 Building Class A Industrial Logistics Park in Houston, from Artis REITKKR, a leading global investment firm, today announced that KKR has completed the acquisition of Park 8Ninety, a 12 building industrial logistics park in Houston, Texas, from Artis Real Estate Investment Trust ("Artis REIT") for approximately $234 million. The approximately 1.8 million square-foot (SF) master planned park was completed in phases between 2017 and 2022. The 127-acre property boasts a diverse mix of Class A single-tenant and multi-tenant modern logistics buildings, with clear heights ranging from 24 to 36 feet, catering to a variety of industrial uses. The park is strategically located in southwest Houston with direct access to Beltway 8 and other major interstate transporta
- KKR Acquires Controlling Stake in Baby Memorial Hospital, a Multi-Specialty Hospital Network in IndiaTransaction marks KKR's latest investment in India's healthcare sector Investment will support the build-out of a leading pan-India network of hospitals KKR, a leading global investment firm, and Baby Memorial Hospital (‘BMH'), a leading regional multi-specialty hospital chain in India, today announced the signing of definitive agreements under which funds managed by KKR will acquire a controlling stake in BMH. KKR's investment will support BMH's efforts to address the growing need for quality, accessible healthcare services in India by advancing its efforts to build a leading pan-India network of hospitals, including through both organic and inorganic growth strategies. This press rel
- KKR Acquires $2.1 Billion Multifamily Portfolio from QuarterraPortfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of 18 multifamily assets from a closed-ended fund sponsored by Quarterra Multifamily, a premier multifamily real estate development and operating company, for approximately $2.1 billion. The recently-built, Class A portfolio consists of over 5,200 units concentrated primarily in growing coastal and sunbelt markets including California, Washington, Florida, Texas, Georgia and North Carolina, Colorado and New Jersey. The portfolio is a mix of mid-rise and high-rise buildings featuring convenient access to urban, m
- KKR Invests in Healthcare Revenue Solutions Provider InfinxKKR, a leading global investment firm, and Infinx Services Private Limited ("Infinx" or the 'Company'), an AI-driven healthcare revenue cycle solutions provider, today announced the acquisition of a significant minority stake in Infinx by a KKR-managed fund. Through this investment, KKR will leverage its extensive experience in the global healthcare and technology sectors to accelerate Infinx's growth, expand the Company's network, and support bolt-on acquisitions. Norwest Venture Partners, an existing shareholder, also participated in the transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240520027338/en/ Co-founded in
- KKR Acquires Nashville Logistics PropertyKKR, a leading global investment firm, today announced that KKR has acquired a two-building Class A logistics property in the Nashville Airport submarket. Terms of the transaction were not disclosed. The two-building logistics property is strategically located adjacent to Nashville International Airport, with direct access to downtown Nashville and immediate proximity to the I-24, I-40, and I-65 major interstate trucking highways. The second of the two multi-tenant industrial buildings was completed in 2023. The property features 30-foot and 32-foot clear heights with cross-dock and rear-loading, excess power, and excellent access and site circulation. "2 Dell Parkway is an exceptional
- UNIVERSAL MUSIC GROUP ACQUIRES MINORITY STAKE IN CHORD MUSIC PARTNERSJoins with Dundee Partners to form long-term strategic partnership for management and acquisition of world-class music IP UMG to globally administer publishing and distribute recordings for Chord's existing catalogs, with more than 60,000 music copyrights KKR to sell its majority stake in Chord to current shareholder Dundee Partners and its investor consortium with a minority stake held by UMG SANTA MONICA, Calif. and HILVERSUM, The Netherlands, Feb. 20, 2024 /PRNewswire/ -- Universal Music Group (UMG), the world-leader in music-based entertainment, and Dundee Partners, the investment office of the Hendel family, today announced that UMG will acquire a 25.8% interest in Chord Music Partners
- KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle LoansKKR, a leading global investment firm, today announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank National Association, part of BMO Financial Group ("BMO"). Concurrently with the sale, BMO purchased approximately $6.4 billion of senior notes collateralized by the sold loans. BMO will remain the servicer of the loans and will continue to originate and manage RV loans, with no expected impact to dealers, borrowers, and employees. This transaction aligns with KKR's Asset-Based Finance (ABF) strategy, which focuses on privately originated and negotiated credit investments
- KKR Acquires Majority Stake in Leading Pallet Pooling Platform LEAP IndiaKKR, a leading global investment firm, and LEAP India (‘LEAP' or the ‘Company'), a leading pallet pooling platform in India, today announced the signing of definitive agreements under which funds managed by KKR will acquire a majority stake in the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230801401222/en/ Founded in 2013 by Sunu Mathew, LEAP is a leading pallet pooling platform in India, providing a wide range of innovative and high-quality supply chain solutions, including equipment pooling, returnable packaging, inventory management and movement, transportation, and repair and maintenance, to a diversified and la
- KKR Acquires Industrial Warehouses Serving the Phoenix and Atlanta MarketsKKR, a leading global investment firm, today announced the acquisition of an industrial park in Phoenix, Arizona and an industrial warehouse in Atlanta, Georgia. The properties are both newly constructed Class A assets and were acquired in two separate transactions from two different sellers for an aggregate purchase price of approximately $250 million. The Arizona property is strategically located in Phoenix's Southwest Valley industrial submarket in close proximity to major transportation nodes including Interstate Highway 10 and Arizona State Route 101. The newly-delivered property consists of three high-quality Class A buildings totaling approximately 1.3 million square feet ("SF").
- KKR Acquires Namsan Green BuildingKKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Namsan Green Building, a quality office building in Seoul's Central Business District ("CBD") through collective investment vehicles established under the Financial Investment Services and Capital Markets Act of Korea. Completed in 1994, Namsan Green Building is a 57,574-square-meter office building in Seoul that is centrally located near major transportation networks, including Seoul Station that connects to all the major cities in Korea, and the Seoul Station Bus Transit serving the Greater Seoul area. Today, the building operates as the headquarters
- KKR Acquires Atlantic Yards in Atlanta, GeorgiaKKR, a leading global investment firm, today announced that Global Atlantic Financial Group ("Global Atlantic"), a majority-owned subsidiary of KKR, has acquired Atlantic Yards, a Class A trophy, two-building office asset located in Midtown Atlanta, from global real estate firm, Hines, and its institutional joint venture partner advised by Invesco Real Estate, a global real estate investment manager. Atlantic Yards consists of 523,511 square feet (SF) of Trophy Class A office in two towers. The buildings were built in 2021 and are located within Atlantic Station, a 12.5 million SF master planned sustainable mixed-use development in Atlanta's Midtown submarket. The state-of-the-art property
- U.S. Alliance Pharma Acquires U.K.-based LGC's Drug Development Solutions (DDS) BusinessExpands bioanalytical services to include many emerging areas worldwide Alliance Pharma (Alliance), a U.S. leader in small and large molecule bioanalytical services in the pharmaceutical and biopharmaceutical industry, today closed on the purchase of Drug Development Solutions (DDS), a U.K.-based bioanalytical and material science testing contract research organization (CRO), from LGC. Ampersand Capital Partners, a global healthcare private equity firm, and KKR & Co. Inc. (KKR) (NYSE:KKR), a leading global investment firm, are equal shareholders in the combined company. This transaction expands bioanalytical, analytical material testing and laboratory capabilities internationally for the b
- KKR Grows Self-Storage Portfolio With Five New AcquisitionsKKR, a leading global investment firm, today announced the acquisition of five new self-storage properties totaling approximately 4,100 units for an aggregate purchase price of approximately $98 million. The properties were acquired from four different sellers in three separate transactions and are located in: Phoenix, Arizona; Dallas, Texas; San Antonio, Texas; and Palm City, Florida. "We continue to expand our portfolio of high-quality self-storage properties across Sunbelt markets that are experiencing strong population growth and in-migration," said Ben Brudney, a Director in the Real Estate group at KKR. "We track sector fundamentals closely and believe these assets are located in sub
- KKR Acquires Seven Industrial Buildings Serving Dallas Forth Worth and Atlanta Markets for Approximately $272 MillionKKR, a leading global investment firm, today announced the purchase of seven industrial distribution buildings totaling nearly 1.8 million square feet (SF) serving the Dallas Forth Worth and Atlanta markets. The assets were acquired in three separate transactions with different sellers for an aggregate purchase price of approximately $272 million. The purchases were completed over the past two months and include high quality Class A assets in Dallas, Fort Worth and Atlanta – all high growth markets benefitting from strong and diverse tenant demand. The tenant mix across the properties includes a leading ecommerce business, global logistics and manufacturing companies and a national health
- KKR Completes Acquisition of Leading Japanese Real Estate Asset ManagerAsset manager enters next phase of growth under new name, KJR Management Strategic transaction deepens KKR's commitment to Japan and increases global real estate business' assets under management to US$54 billion KKR & Co. Inc. (together with its subsidiaries, "KKR") today announced the closing of the previously announced transaction whereby KKR purchased all the shares of Mitsubishi Corp.-UBS Realty Inc. ("MC-UBSR"), a leading Japanese real estate asset manager. KKR has completed the acquisition of all of the outstanding shares of MC-UBSR from Mitsubishi Corporation and UBS Asset Management. Going forward, the asset manager, which was previously called MC-UBSR, will operate under the na
- KKR Acquires Twenty AnsonTransaction marks KKR's first real estate office investment in Singapore KKR, a leading global investment firm, today announced the completion of KKR's acquisition of Twenty Anson, a prime-grade office building in Singapore's central business district (CBD). The transaction marks KKR's first real estate office investment in Singapore, and reflects KKR's confidence in Singapore's position as a leading regional financial hub and the long-term prospects of its office real estate market. Completed in 2009, Twenty Anson is a 206,163-square-foot commercial building in the heart of the Tanjong Pagar precinct and part of Singapore's CBD. The building sits at the nexus of multiple new office, hote
- kdc/one Closes Strategic Investment from KKR and Acquires Aerosol and Liquid Specialist, Aerofil TechnologyKKR joins existing investor group, led by Cornell Capital Investment will support kdc/one's growth & delivery of a premier range of innovative solutions to customers across beauty, personal care, and home care Aerofil acquisition introduces aerosol to kdc/one's North American network, complementing existing European aerosol capabilities Knowlton Development Corporation ("kdc/one" or the "Company"), the trusted global provider of innovative end-to-end solutions for beauty, personal care, and home care brands, today announced that KKR, a leading global investment firm, has made a significant investment to support its continued strategic growth. Cornell Capital will remain the Company's lar
- KKR-backed Biosynth Carbosynth Acquires vivitide and Welcomes Ampersand Capital Partners as New ShareholderCombination of Biosynth Carbosynth and vivitide creates global life sciences platform serving high-growth biopharma and diagnostics end markets KKR, a leading global investment firm, announced today the closing of its previously announced investment in Biosynth Carbosynth, an innovative life sciences reagents, custom synthesis and manufacturing services company, as well as Biosynth Carbosynth's acquisition of vivitide, a global provider of custom peptides and antibodies for the life sciences and biotech industry. Existing vivitide owner Ampersand Capital Partners will roll over its entire stake and become a substantial minority shareholder of the combined entity. Together, KKR and Ampersan
- KKR Acquires Three Self-Storage Properties Serving the Atlanta, St. Petersburg and Washington D.C. MarketsAcquisitions Grow KKR's Self-Storage Platform to Over 13,500 Units Across the U.S. KKR, a leading global investment firm, today announced that KKR has acquired three Class A self-storage properties in high-growth U.S. markets totaling approximately 2,000 units. The properties were acquired in three separate transactions with different sellers for an aggregate purchase price of approximately $70 million. The newly acquired properties are located in Atlanta, Georgia, St. Petersburg, Florida and Alexandria, Virginia. Two of the assets were built between 2018 and 2020, while the third was built in 2001. The purchases mark KKR's first self-storage real estate acquisitions in St. Petersburg and
- Strategic Lease Partners Acquires $780 Million in Net Leased Properties in Q4 2021 for KKRStrategic Lease Partners ("SLP"), a platform launched by global investment firm KKR to acquire a diversified portfolio of triple-net lease (NNN) real estate, closed six transactions in the fourth quarter of 2021 for a total of $780 million. SLP is working closely with KKR's real estate, credit and capital markets teams to underwrite a wide range of mission-critical properties and deliver customized sale-leaseback solutions for a group of high quality corporate and sponsor-backed tenants. The platform is initially targeting to acquire more than $3 billion in assets, primarily capitalized through KKR's credit and real estate funds. "SLP has built great momentum in its first few months of ope
- KKR Acquires Merchants Mortgage Trust & CorporationResidential Bridge Mortgage Company Joins KKR's Portfolio of Asset-Based Finance Investments KKR, a leading global investment firm, today announced that KKR has acquired Merchants Mortgage Trust & Corporation, LLC ("MMTC" or the "Company"), a real estate lending platform specializing in short-term mortgage products for experienced individual residential real estate investors. KKR is making its investment in MMTC through its private credit funds and accounts as part of the firm's Asset-Based Finance (ABF) investment strategy, which pursues privately originated investments backed by diversified pools of hard and financial assets. This press release features multimedia. View the full release
- KREST Purchases Industrial Distribution Properties in Charleston and ChicagoAcquires over 1.9 million square feet of modern warehouse assets in key U.S. logistics markets KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. ("KREST" or the "Fund") has completed the purchases of two state-of-the-art industrial distribution properties, growing the Fund's logistics real estate portfolio to approximately six million square feet (SF) across the United States and South Korea. The latest additions to KREST's portfolio include a newly constructed, one million SF, cross-dock industrial warehouse located in Charleston and a three-building, 2020-vintage industrial park totaling approximately 923,000 SF in Chicago. "High-quality logi
- KKR Expands Real Estate Industrial Portfolio in the Lehigh Valley with a New AcquisitionKKR, a leading global investment firm, today announced the acquisition of a two building, approximately 1.5 million square foot, industrial distribution campus in Allentown, Pennsylvania. KKR acquired the industrial campus through its core plus real estate strategy from GLP Capital Partners (GCP). Completed in 2019 and 2020, the two buildings feature state-of-the-art design and specifications, including 36' clear height, 190' truck courts and large loading areas. The buildings were each 100% leased at acquisition to a high quality tenant on a long-term basis. Both the tenant and prior ownership have invested significant capital into the campus. The property is strategically located in the
- KKR Acquires Vista, California Industrial Property from WestcoreKKR, a leading global investment firm, and San Diego-based Westcore, a leading industrial real estate acquisition, development and asset management firm, today announced that Westcore has sold an approximately 197,000-square-foot industrial warehouse ("Vista Commerce") located in Vista, California to KKR. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211130005990/en/Westcore sold an approximately 185,000-square-foot industrial warehouse in Vista, California to KKR. (Photo credit: CBRE) Vista Commerce is located on an all-concrete site and features 14 dock-high doors, six grade-level doors, 27-foot clear height and ample power. T
- Galaxy Universal to Acquire Leading Active Brands And1, Avia, Gaiam and SPRINEW YORK, Oct. 29, 2021 /PRNewswire/ -- Today Galaxy Universal, LLC ("Galaxy" or the "Company"), a portfolio company of Gainline Capital Partners ("Gainline"), announced that it has agreed to acquire the And1, Avia, Gaiam and SPRI brands (together the "Active Brands") from Sequential Brands Group, Inc. ("Sequential") for approximately $330 million. The transaction is subject to the satisfaction or waiver of customary closing conditions, including court approval and is expected to close by mid-November 2021. This transaction is a continuation of Galaxy's strategy to vertically integrate strong brands under one management operation that controls marketing, design, sales, sourcing and manufactu
- Global Atlantic acquires majority stake in eRESI MortgageeRESI Mortgage, LLC ("eRESI"), an innovative mortgage funding platform that offers comprehensive private capital solutions to the residential mortgage market, today announced that subsidiaries of The Global Atlantic Financial Group LLC ("Global Atlantic"), a leading life and annuity insurance company, have made a strategic investment and capital commitment to become its majority owner. eRESI Mortgage will continue to operate under a newly formed entity, eRESI Capital LLC, being led by Gregory Tsang (CEO) and Tim Wang (President). Founded in 2019, eRESI is a leading capital provider in the Non-Agency residential whole loan market. The company provides a wide range of customized products and
- KKR Acquires Papago Distribution Center in PhoenixKKR, a leading global investment firm, today announced that KKR has acquired an approximately 226,000 square-foot, Class A industrial distribution property in the Papago industrial park, located in the highly infill Southwest Valley submarket of Phoenix, Arizona. The property was built in 2000 and is recently renovated and leased on a long-term basis to a leading industrial building products manufacturer. It features 30-foot clear heights, a 130-foot truck court and direct rail access. Situated just off I-10, the distribution facility provides direct access to downtown Phoenix in approximately 10 minutes and attractive coverage of the entire Phoenix metropolitan statistical area with its c
- KKR Acquires HQ @ First in Silicon ValleyAdds prime single tenant property to the portfolio of KKR Real Estate Select Trust KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. ("KREST") has acquired HQ @ First, a 603,666 square-foot Silicon Valley office campus, from MORI TRUST CO., LTD., a Japan-based major real estate developer. KREST is a continuously offered, registered closed-end fund open to all investors delivering access to income-oriented private real estate investments. Located in North San Jose, HQ @ First is a Class A, modern technology campus with three highly amenitized office buildings, including over 60,000 square-feet in lab space, and a parking garage with 1,600+ space
- KKR Expands Real Estate Industrial Portfolio in Inland Empire with a New AcquisitionKKR, a leading global investment firm, today announced the acquisition of a 505,906 square foot industrial distribution property in Bloomington, California. Completed in 2019, the property has state-of-the-art physical features including 36' clear height and a 185' deep truck court. The property was 100% leased at acquisition to an investment grade tenant on a long-term basis. KKR acquired the asset from a global real estate investment advisor. JLL Capital Markets brokered the transaction on behalf of the seller. Strategically located in close proximity to Interstate-10, a major cross-country trucking artery, the property increases KKR's industrial real estate footprint in the Inland Empi
- KKR Acquires Three Self-Storage Facilities in Austin and NashvillePurchases mark KKR real estate's first investments in the self-storage sector KKR, a leading global investment firm, today announced the acquisition of three self-storage properties located in Austin, Texas and Nashville, Tennessee. The properties include approximately 1,800 storage units and were built between 2019 and 2020. They were acquired through separate transactions with two different sellers for an aggregate purchase price of approximately $36 million. The purchases represent KKR real estate's first investment in the self-storage sector. KKR is making the investment through its Americas opportunistic equity real estate strategy. "We are excited to anchor our self-storage portfo
- KKR Acquires Phoenix's The District at ScottsdaleKKR, a leading global investment firm, today announced the acquisition of The District at Scottsdale, a 332-unit Class A residential building. Constructed in 2019, The District in Scottsdale is located in the heart of Scottsdale's premier lifestyle hub, directly adjacent to the dining, shopping and entertainment options of Scottsdale Quarter and Kierland Commons. RPM Living will continue to manage the property. The purchase grows KKR's residential real estate footprint in the Phoenix metropolitan area to more than 2,600 units and approximately $650 million of value. Including The District at Scottsdale, KKR has acquired approximately $1.2 billion of Class A apartments for its core plus rea
- KKR Acquires Seven Highways Assets from Global Infrastructure PartnersKKR, a global investment firm, today 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 Nadu, and Telangana. Through the acquisition of GIP's interest in HC1, KKR aims to help strengthen and expand India's national highway network, which serves about 40% of total traffic but accounts for only 2% of the country's road network. This latest infrastruct
- KKR Acquires Three Building Industrial Portfolio in PhoenixKKR, a leading global investment firm, today announced the acquisition of a three building industrial portfolio totaling approximately 419,350 square feet located in highly infill locations in Phoenix, Arizona. The Seller was a Joint Venture between PCCP, LLC and Hopewell Development LP. All three assets were built in 2020 and are located approximately twenty to thirty minutes' driving distance from Phoenix's Central Business District. The buildings feature state-of-the-art physical characteristics, including 28' to 32' clear heights and offer flexible configurations for both single and multi-tenant occupancy. The newly delivered portfolio is currently in lease-up with a rent roll that is
- KKR Expands Industrial Real Estate Footprint in Tampa with New AcquisitionKKR, a leading global investment firm, today announced the acquisition of a 178,400 square foot industrial property in Tampa, Florida. The asset is located in a highly infill location in East Tampa, approximately fifteen minutes from Tampa's vibrant downtown, and was newly built in 2020 with state-of-the-art physical features including 32' clear height. The property was 100% leased at acquisition to three tenants. The acquisition expands KKR's industrial real estate footprint in the greater Tampa market to 1.4 million square feet. "We are long term believers in Florida's continued growth story," said Roger Morales, KKR Partner and Head of Commercial Real Estate Acquisitions in the Americ
- KKR Acquires Natural Pet Food GroupInvestment to support Company's growth in New Zealand and worldwide Natural Pet Food Group (the "Company"), a New Zealand-based premium pet food company, and KKR, a leading global investment firm, today announced the completion of KKR's acquisition of Natural Pet Food Group. The investment will be used to support the Company's international growth and advance its mission to supply safe, sustainably sourced high-meat pet food from New Zealand to more customers and their pets worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210502005040/en/ Neil Hinton, CEO of Natural Pet Food Group said, "My team is excited about the opp
- KKR & Urban Renaissance Group Acquire 300 Pine Building in Downtown SeattleSEATTLE--(BUSINESS WIRE)--Seattle-based commercial real estate firm Urban Renaissance Group LLC (www.urbanrengroup.com) (URG) and KKR, a leading global investment firm, today announced the acquisition of the 300 Pine St building in downtown Seattle. Located on a full city block between 3rd Ave and 4th Ave in the heart of Seattle’s retail core, the 770,000 sq. ft., eight-story mixed-use iconic building with its historic façade will feature 85,000 sq. ft. renovated ground-floor retail designed to accommodate retail flagship stores, along with a new stunning 4th Avenue entrance to access the 682,000 sq. ft. of commercial office space currently fully-leased to a single tenant. The of
- KKR Acquires The Exchange in San Francisco’s Mission Bay, to be Operated by Longfellow Real Estate PartnersSAN FRANCISCO--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that it has acquired The Exchange on 16th, a 750,000-square-foot Class A office complex, from Kilroy Realty Corporation for approximately $1 billion. Longfellow Real Estate Partners, a life science focused, vertically integrated real estate developer and manager, will work with KKR to operate the property. KKR is making the investment through its core plus real estate strategy. Built in 2018 in the heart of San Francisco’s highly desirable Mission Bay submarket, The Exchange is a center for life sciences and technology on the West Coast comprised of four interconnected buildings. The property’s
- KKR Acquires Five Building Industrial Real Estate Portfolio in PhoenixNEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the acquisition of a five building industrial portfolio (the “Portfolio”) in Phoenix, Arizona totaling approximately 540,000 square feet for a purchase price of $68.0 million. The Portfolio consists of five shallow bay, last mile warehouses located in a highly infill submarkets less than 10 miles from downtown Phoenix. The portfolio was 100% leased at acquisition and features an average clear height of 25’ and an average vintage of 1988. The transaction marks KKR’s second industrial real estate acquisition in the Phoenix market in 2021 and expands KKR’s total Phoenix industrial footprint to approxi
- BMG and KKR Join Forces to Acquire Music RightsBERLIN & NEW YORK & GÜTERSLOH, Gemany--(BUSINESS WIRE)--Global music company BMG and global investment firm KKR today announced they will join forces to pursue recorded music, music publishing and other music rights acquisitions. Working together, the companies will deliver a compelling solution for artists, songwriters and other music rights owners seeking to realize and grow the value of their music assets. Under the terms of the agreement, BMG and KKR will join forces to source individual transactions to acquire music catalogs, bringing together BMG’s deep industry knowledge and global capabilities in maximizing value for its artists with KKR’s vast network, resources and deep
- KKR Expands Real Estate Industrial Footprint into Denver MarketNEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the acquisition of Park 12 Hundred, a three building industrial park totaling approximately 290,000 square feet in Westminster, Colorado. Located 13 miles from downtown Denver, Park 12 Hundred is KKR’s first industrial real estate acquisition in the Denver market, which has seen high growth supported by favorable demographic trends over the past several years. The property was completed in 2018 with state of the art features and is located near Interstate 25, a major arterial thoroughfare that provides access to downtown Denver in less than thirty minutes. KKR acquired the asset directly from the de
- KKR Expands Real Estate Industrial Portfolio in Phoenix with a New AcquisitionNEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the acquisition of a 263,000 square foot industrial distribution property in Goodyear, Arizona. Strategically located in close proximity to the I-10 interstate highway, a major cross-country trucking artery, the property increases KKR’s industrial real estate footprint in the Phoenix, Arizona metropolitan statistical area (MSA) to over two million square feet. The property is modern fulfillment center completed in 2019 with state of the art physical features including 36’ clear height and was 100% leased at acquisition to high quality tenant on a long-term basis. KKR acquired the asset from the deve
- KKR Expands Real Estate Industrial Portfolio in Southern California with New San Diego AcquisitionNEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the acquisition of Three Piper Ranch, an industrial distribution property consisting of two buildings totaling approximately 330,000 square feet in San Diego, California. The property expands KKR’s industrial real estate footprint in Southern California to approximately 2.4 million square feet. The newly acquired property was built in 2007 and features 32’ clear heights. It is located in the Otay Mesa submarket of San Diego with excellent access to SR-125, SR-905, I-805 and I-5. The property was 100% leased at acquisition to five separate tenants. KKR purchased the property from Zurich Alternative A
- KKR Grows Real Estate Industrial Portfolio with First Investment in Pennsylvania’s Leigh Valley MarketNEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the acquisition of a 600,000 square foot industrial distribution property in Hamburg, Pennsylvania. The property is the first acquisition by KKR’s real estate business in the Lehigh Valley market. The asset is a state of the art fulfillment center completed in 2020, which is located just minutes from Allentown and offers excellent connectivity to New York and the broader Tri-State area within a two hour drive. The property was 100% leased at acquisition to high quality tenant on a long-term basis. KKR acquired the asset from the developer, the Keith Corporation. “We are excited to expand our broade
- KKR Acquires Large Portfolio of Industrial Properties in Major Markets across the U.S.NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the acquisition of a portfolio of approximately 9.7 million square feet of industrial real estate properties located in seven major markets across the U.S. (the “Portfolio”) from High Street Logistics Properties for an aggregate purchase price of approximately $835 million. The acquisition grows KKR’s portfolio of industrial properties across its funds to approximately 30 million square feet in strategic locations across major metropolitan areas in the U.S. The newly acquired Portfolio consists of primarily multitenant industrial assets in attractive infill submarkets and is complementary to KKR’s e
- KKR Grows Real Estate Industrial Portfolio in Texas with New Acquisitions in Dallas and HoustonNEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the acquisition of two industrial distribution properties in Texas totaling approximately 1.8 million square feet for an aggregate purchase price of approximately $171 million. The newly acquired properties are located in the major markets of Dallas and Houston. Both are state of the art fulfillment centers with an average vintage 2019. The properties were 100% leased at acquisition to two different investment grade tenants on a long-term basis. The properties were acquired from Hines, the international real estate firm, which developed the assets. “As more consumers migrate to shopping online and