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New Deal


Announced

Completed

KKR completed the acquisition of The Citation Group from Hg.

Financials

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

Tags

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Single Bidder

employment law

Acquisition

Friendly

Management Consulting

Completed

Private Equity

hr law

compliance

United Kingdom

health & safety law

Private

Majority

Cross Border

Synopsis

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KKR completed the acquisition of The Citation Group, a subscription-based HR and Employment law, Health & Safety, and ISO services provider, from HgCapital , a private equity firm. Financial terms were not disclosed. “Citation has thrived together with Hg, undergoing a transformation program which has included significant investment in R&D, an ambitious M&A strategy and innovation into new areas of technology. These initiatives have helped drive continued strong growth over the last 4 years, during which time we’ve more than doubled our core customer base. We look forward to working with KKR, whose scale will help us continue to develop the platform as a truly trusted partner for our SME customers," Chris Morris, The Citation Group CEO.

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