Announced

KKR and TA Associates to acquire a majority stake in Söderberg & Partners for €265m.

Synopsis

KKR, a global investment firm, and TA Associates, a private equity firm, agreed to acquire a majority stake in Söderberg & Partners, a financial adviser and broker of insurance and financial products and services, for €265m. “We see that our venture in the UK is working, and we now want to scale it up even faster. We see many opportunities and have high ambitions to become one of the leading players in the UK within a few years. Our focus area right now is to create significantly more efficient administration in our companies by applying the technology used within our organization, which we know works," Gustaf Rentzhog, Söderberg & Partners CEO and Founder.

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