September 11, 2023
USI Insurance Services said Monday that KKR is making a new equity investment of more than $1 billion to become USI’s largest shareholder. Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) in …
December 2, 2022
KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s vaunted leveraged finance machine. The buyout firm agreed to fund on its own the totality of the €2.3 billion ($2.4 …
November 28, 2022
French insurance broker April Group said private equity firm KKR & Co. has become its new majority shareholder, according to a statement posted on its website. The statement, which confirmed a Bloomberg News report, didn’t disclose deal terms. KKR is …
March 8, 2021
Global investment firm KKR is acquiring a majority interest in Integrated Specialty Coverages (ISC) Carlsbad, Calif.-based multi-line insurance distributor that utilizes advanced artificial intelligence (AI) engineering and data analytics to build its products. Sightway Capital, a Two Sigma private equity …
March 16, 2020
Toys “R” Us Inc. creditors filed a lawsuit accusing the defunct retailer’s executives and private-equity owners of fraud and breach of fiduciary trust. Former Chief Executive Officer David Brandon and other directors misrepresented the toy seller’s ability to repay creditors …
March 10, 2020
Private equity firm KKR & Co Inc. said late on Monday an employee in its London office had tested positive for coronavirus, and that it would temporarily close both its London offices to have them sanitized. “Our London office has …
December 3, 2018
KKR & Co., Blackstone Group LP and their founders must face a lawsuit alleging they failed to deliver hedge fund returns as advertised, a judge in Kentucky ruled Friday in a decision that may present new legal challenges for managers …
October 24, 2018
French insurer April SA has drawn takeover interest from private equity firms including CVC Capital Partners, KKR & Co. and BC Partners as it weighs a sale amid a wave of industry consolidation, according to people familiar with the matter. …
September 12, 2018
Global claims services firm Sedgwick announced today that funds managed by The Carlyle Group have agreed to become the majority owner of Sedgwick in a transaction valued at approximately $6.7 billion. Current majority shareholder KKR will fully exit its position …
August 27, 2018
GoCompare.com Group Plc attracted takeover interest from potential acquirers, including private equity firm KKR & Co., in recent weeks, according to people familiar with the matter. The U.K. insurance comparison company and its board decided to stay independent after holding …