KKR completed the acquisition of a majority stake in April Group from CVC Capital Partners.

KKR completed the acquisition of a majority stake in April Group, an insurance brokerage firm, from CVC Capital Partners, a private equity firm. Financial terms were not disclosed. “The APRIL Group was created 35 years ago by a visionary entrepreneur. After a great collaboration with CVC Capital Partners, April recovered its original strength. Our aim is to continue the history of this great company and to make it a French champion on a global scale. This next chapter will be enabled by the management team, our 2.3k employees, and KKR, for the benefit of our partners and policyholders,” Eric Maumy, April President & CEO.