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New Deal


Announced

Completed

KKR completed the acquisition of Burning Glass from Providence Strategic Growth.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

United States

Private

labor market data

Acquisition

data provider

Friendly

Financial Data and Systems

Private Equity

Majority

Single Bidder

Synopsis

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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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