Announced
Completed
Financials
Sources
Tags
Completed
United States
Private
labor market data
Acquisition
data provider
Friendly
Financial Data and Systems
Private Equity
Majority
Single Bidder
Synopsis
KKR completed the acquisition of a majority stake in Burning Glass, the world’s leading real-time labor market data source, from Providence Strategic Growth, an affiliate of Providence Equity Partners. Financial terms were not disclosed. “By harnessing real-time labor market data, Burning Glass predicts the jobs and skills workers will need in the future, equipping educators, companies and governments with the tools necessary to meet this challenge and contribute meaningful progress toward these goals. We are proud to be investing in Burning Glass to meet this imperative,” Robert Antablin, KKR Global Impact Co-Head.
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