Parthenon Capital Partners, a private equity firm, agreed to acquire Kroll Bond Rating Agency, a full-service rating agency, for $900m. “When KBRA was founded, our mission was to provide the market with timely, valuable, and transparent ratings and research. Over the past 11 years, KBRA has set the standard for engagement with investors, which has led to our leadership position across many markets. This investor engagement and outreach has also led to KBRA’s acceptance and reliance among issuers, policymakers, and key opinion leaders. As we continue to expand both domestically and abroad, we are excited to partner with Parthenon to accelerate our future growth," Jim Nadler, KBRA CEO, President, and Co-Founder.