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Transactions / R••••••

KKR to Acquire R••••••

Platform acquisitionannouncedannounced Jul 16, 2018Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
unknown
Target location
MD, US
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
8 named
Buy side
  • “We are thrilled to partner with T•• M••••••• and the talented team at R••••••,” said T•• O••••••••, Director at KKR.
  • “We are thrilled to partner with T•• M••••••• and the talented team at R••••••,” said T•• O••••••••, Director at KKR.
  • K••Sponsorconfirmed
    Maryland and New York – July 16, 2018 – KKR, a leading global investment firm, and R••••••, a leading digital audiobook and related spoken content producer, today announced the signing of a definitive agreement under which KKR will acquire R•••••• from Shamrock Capital.
Advisory side
  • G•••••• S••••Buy-side adviserconfirmed
    G•••••• S•••• is serving as financial advisor to KKR on the transaction, with Simpson Thacher & Bartlett LLP serving as legal advisor.
  • L••••••• L••Sell-side adviserconfirmed
    LionTree is serving as financial advisor to R•••••• on the transaction, with Cooley LLP serving as legal advisor.
Side not stated
  • We are delighted to partner with KKR to build on that momentum and to expand upon the growth we’ve achieved in the space thus far in partnership with Shamrock,” said T•• M•••••••, President and CEO of R••••••.
  • We are delighted to partner with KKR to build on that momentum and to expand upon the growth we’ve achieved in the space thus far in partnership with Shamrock,” said T•• M•••••••, President and CEO of R••••••.
  • R••••••Targetconfirmed
    KKR to Acquire R••••••
Evidence
KKR to Acquire R••••••
KKR to Acquire R•••••• | Private Equity Intelligence | DFX