kkr News of 04/09/20
After Closing Its $2.2 Billion Latest Tech Fund, KKR Adds Top Cisco Exec To Its Leadership Team
KKR, the multibillion-dollar multistrategy investment firm, is beefing up its technology practice with the appointment of Rob Salvagno as a co-head of its technology growth equity business in the U.S. It’s a sign that KKR is taking the ...
Want To Crush Competitors? Forget SoftBank, Blackstone Suggests; It Can Write $500 Million Checks, Too
Back in January, Blackstone — the investment firm whose assets under management surpassed a jaw-dropping half a trillion dollars earlier this year — quietly began piecing together a new, growth equity platform called Blackstone Growth, ...
Mobile Gaming Is A $68.5 Billion Global Business, And Investors Are Buying In
By the end of 2019, the global gaming market is estimated to be worth $152 billion with 45% of that, $68.5 billion, coming directly from mobile games. With this tremendous growth (10.2% YoY to be precise) has come a flurry of investments and ...
KKR Confirms It Has Acquired Canadian Software Company Corel, Reportedly For Over $1b
Yesterday we broke the news that Corel — the company behind WordPerfect, Corel Draw, and a number of other apps, as well as the new owner of Parallels — had itself gotten acquired by KKR . Today, the news is confirmed and ...
KKR Has Acquired Corel (Including Its Recent Acquisition Parallels), Reportedly For $1b+
Only six months after snapping up virtualization specialist Parallels , Canadian software company Corel is itself getting acquired. TechCrunch has learned and confirmed with multiple sources that private equity giant KKR has closed a deal to ...
KKR Leads $300m Investment In Phishing Training Company knowbe4
You might not have known about KnowBe4 before, but you should now because this morning, the company announced a massive $300 million investment led by private equity firm KKR. The deal is based on a $1 billion valuation. Existing investors Elephant ...
HotelTonight, Slack Stakeholder Accel Stays On Top With $2.5b Fund
Invest early and stand by your bets. Don’t buy logos or chase unicorns. That’s the Accel philosophy. At 35 years old, it has served them well, bagging the firm dozens of high-profile exits, including nine IPOs and 12 acquisitions in the ...
KKR’S Latest Southeast Asia Bet Is A $144m Investment In PropertyGuru
Global investment giant KKR is warming up to Southeast Asia after it made a third high-profile investment. The firm — which has nearly $150 billion in assets under management — has cut a SG$200 million (US$144 million) check ...