KKR acquired Mills Fleet Farm, a Midwestern, value-based retailer of lifestyle merchandise serving active outdoor families as well as suburban and farm consumers. Financial terms were not disclosed. "We have decided to partner with KKR in order to take Mills Fleet Farm to the next level of growth for the future," said Co-Presidents Henry Mills II and Stewart Mills, Jr. "We took great care in our approach to finding the right partner who shared our values and would preserve the legacy the Mills family has built after serving the Midwest over the last 60 years. We truly believe KKR is the best fit for us organizationally and also the best fit for our employees."