Investment Brokerages M&A » By The Online Investor Staff, updated Fri., Apr. 19, 8:55 AM Recent mergers and acquisitions in the Investment Brokerages M&A category.
This Slide: #14 of 100 |
Slide #14. KKR — Aceco TI
Acquirer:
KKR (NYSE:KKR)
Acquiree:
Aceco TI
Details:
Global investment firm KKR and Aceco TI, a leader in data center design, implementation and maintenance solutions in Brazil and Latin America, today announced that KKR is acquiring Aceco TI (Aceco or "the Company") from General Atlantic and other shareholders. KKR is making its investment in partnership with Chief Executive Officer (CEO) Jorge Nitzan who will hold a significant minority stake in the company and continue to run the business as CEO.
KKR & Co. is a holding company. Through its subsidiaries, Co. is an investment firm that provides alternative asset management as well as capital markets and insurance solutions. Co. sponsors investment funds that invest in private equity, credit and real assets and has partners that manage hedge funds. Co. operates through two reportable segments: asset management; and insurance. In its asset management business, Co. has five business lines: Private Equity, Real Assets, Credit and Liquid Strategies, Capital Markets, and Principal Activities. Co.'s insurance business is operated by Global Atlantic Financial Group LLC, which is a retirement and life insurance company.
KKR SEC Filing Email Alerts Service
Preferreds: KFN.PR, KKR.PRA, KKR.PRB, KKR.PRC
Open the KKR Page at The Online Investor »
|
Open the KKR Page at The Online Investor (in a new window) »
Free KKR Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |
Strong Buy (3.80 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: KKR Stock Forecast Based on Zacks ABR data; powered by Xignite |