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New Deal


Announced

Completed

KKR completed the acquisition of Global Atlantic Financial Group for $4.4bn.

Financials

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Transaction Value£3,513m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private Equity

Private

financial services

Diversified Financials

Bermuda

Majority

Acquisition

Friendly

Domestic

Completed

Synopsis

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KKR completed the acquisition of Global Atlantic Financial Group, a retirement and life insurance company, for $4.4bn. "Since we announced this transaction, Global Atlantic’s success has been remarkable, and in many ways we are well ahead of our initial expectations. We welcome Global Atlantic to the KKR family and look forward to supporting its policyholders and clients through our asset management and origination capabilities, as well as our global network,” Joseph Bae and Scott Nuttall, KKR Co-Presidents and Co-Chief Operating Officers.

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