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New Deal


Announced

Completed

KKR & Co completed the acquisition of a majority stake in Boasso Global from Apax Partners.

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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Private Equity

Acquisition

Majority

Domestic

Private

transportation services

Transportation Services

Single Bidder

United States

Friendly

Completed

Synopsis

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KKR & Co, a private equity firm, completed the acquisition of a majority stake in Boasso Global, a provider of depot, maintenance, cleaning, and transportation services, from Apax Partners, an independent global partnership focused solely on long-term investment. Financial terms were not disclosed. “It has been a privilege to work with Apax, whose guidance and support have helped Boasso achieve significant growth. As we look ahead, we are excited about the new opportunities before us as we continue to expand our global footprint and provide our customers with the outstanding service offerings they have come to expect. We also look forward to beginning our new strategic partnership with KKR," Joe Troy, Boasso Chairman & CEO.

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