KKR
KKR reduces offer for Australia's MYOB
KKR has reduced its offer for Australian accounting software provider MYOB and is now willing to buy all the shares it doesn’t already own at a valuation of A$2 billion ($1.43 billion).
KKR's global impact fund makes debut investment in Asia
KKR has committed up to S$45 million ($32.8 million) to Barghest Building Performance (BBP), a Singapore-based provider of energy saving solutions for heating and cooling systems. It is the first investment from the firm's global impact strategy.
KKR invests $366m in Singapore’s V3 Group
KKR has confirmed it will invest up to S$500 million ($366 million) in Singapore-based luxury lifestyle and wellness products company V3 Group at an enterprise valuation of about S$1.7 billion.
Talent acquisition the biggest challenge for Asia PE – AVCJ Forum
Finding talented personnel to source and execute investments remains the biggest challenge facing Asia’s private equity industry, GPs told the AVCJ Forum.
LPs drive evolution in Asia back office practices – AVCJ Forum
Growing demand for information and reporting among a shifting LP base is leading Asian GPs to improve their back office structuring, investors told the AVCJ Forum.
Southeast Asia PE outlook: Debatable boom
PE and VC players remain focused on Southeast Asia’s long-term growth trajectory despite gathering macro storm clouds. Valuations remain a bone of contention
Operational value-add: Sweat equity
As Asian GPs trial a range of operational value-add strategies with an eye on shifting market dynamics, they are discovering that helping portfolio companies requires self-inspection
Asia private equity: Tipping point?
Asian PE appears to be entering a transitional period as an assortment of macro issues loom over the global economy. GPs anticipate an adjustment in valuations, but woe betide he who tries to call the cycle
KKR invests $144m in Southeast Asia's PropertyGuru
KKR has committed S$200 million ($144 million) in Series D funding to PropertyGuru, a Singapore-based online property portal that has several existing private equity investors.
KKR returns for a second helping of Australia's GenesisCare
KKR will take a minority stake in Australian cancer and cardiac services provider GenesisCare – just over two years since exiting the business to a consortium led by China Resources Group.
Philippines start-ups: Cultural baggage
The Philippines is said to be at a tipping point where growing investor interest is set to culminate in the country’s first global start-up success story. A subtle malaise, however, is offsetting expectations
KKR-owned Calsonic Kansei agrees $7.1b bolt-on
Calsonic Kansei Corporation, a Japanese automotive components manufacturer acquired by KKR last year, has agreed to buy Fiat Chrysler Automobiles’ (FCA) components business for EUR6.2 billion ($7.1 billion).
KKR makes $1.5b bid for Australia's MYOB
KKR is looking to privatize Australian accounting software company MYOB, having acquired a substantial stake in the business from Bain Capital and made an unsolicited offer for all the remaining shares at a valuation of A$2.19 billion ($1.54 billion).
KKR, Tencent lead $175m investment in PLDT fintech unit
KKR and Tencent Holdings have led a $175 million investment in a financial technology unit of Philippines telecom giant PLDT. It is said to be the largest ever investment in a local technology company.
KKR creates China hospital platform
KKR has launched a China hospital management and investment platform – known as SinoCare Group – that will pursue a consolidation strategy in the space through a combination of acquisitions and new builds.
KKR to buy Life Healthcare stake in India hospital JV
KKR has agreed to pay INR4.3 billion ($59.6 million) to South African hospital chain Life Healthcare Group for its stake in Max Healthcare, a hospital operator that it owns through a joint venture with Max India.
Q&A: Emerald Media's Paul Aiello
KKR-backed Emerald Media was formed to invest in Asia’s media landscape, but it has found a growing number of opportunities in technology. Managing Director Paul Aiello discusses how the sectors have grown together
Accel-KKR backs New Zealand's Seequent
Accel-KKR, a US-based private equity firm created by Accel Partners and KKR, has made a growth-stage investment of undisclosed size in New Zealand data visualization software provider Seequent.
KKR strengthens Japan private equity team
KKR has hired Kazuyuki Kido, who previously spent 20 years at SMBC Nikko Securities and Nikko Principal Investments, as a managing director in its Tokyo-based team.
Korea buyouts: Local edge
Private equity firms must double down on local networking, due diligence, and value-add capacity as competition for deals intensifies in the Korean buyout market
KKR to acquire Indian petrochemicals maker
KKR has agreed to acquire JBF Petrochemicals, the petrochemicals unit of Indian polyester manufacturer JBF Industries, for an undisclosed amount.
Trending China: On technology, trade and millennials
A few China-related observations, largely influenced by AVCJ’s recent special issue on how PE is responding to technology, a white paper released by Henry McVey, KKR’s head of global macro and asset allocation, and Sino-US trade rumblings
Data infrastructure: Steel and thin air
Wrongly dismissed as a mere communications upgrade, data infrastructure is a new asset sub-class unto itself. A growing field of investors is recognizing the evolving opportunity set
KKR to buy majority stake in India's REEL for $530m
KKR has agreed to buy a 60% stake in India-based environmental services provider Ramky Enviro Engineers (REEL) for $530 million via a combination of primary and secondary investments valuing the company at $925 million.