Announced
Completed
Financials
Tags
Private Equity
Acquisition
Majority
Domestic
Private
transportation services
Transportation Services
Single Bidder
United States
Friendly
Completed
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.