KKR and TIGA Investments to acquire TEC from HPEF and CVC.

KKR and TIGA Investments, an investment firm, agreed to acquire The Executive Centre, a flexible workspace provider, from HPEF Capital Partners and CVC, two private equity firms. Financial terms were not disclosed. “We are pleased to welcome KKR and TIGA Investments to The Executive Centre as our new investors. It’s a powerful partnership, well matched to drive the continued performance and growth of TEC. I also extend a big thank you to HPEF Capital Partners and CVC Capital Partners for their investment tenure, during which we increased the size of the business, sevenfold,” Paul Salnikow, The Executive Centre Founder and CEO.