ABOUT KKR
Kohlberg Kravis Roberts & Co. is one of the oldest and most established management buyout firms in the world. Founded in 1976, it seeks to provide investors with long-term capital appreciation through the acquisition of companies across a variety of industries. KKR’s private equity portfolio consisted of over 40 portfolio companies with more than $180 billion of annual revenues and more than 800,000 employees worldwide. These companies are based globally and operate in more than a dozen industries, which provide KKR with broad and deep industry and operating expertise. KKR has invested in a wide range of industries including technology, telecom, healthcare, retail, financial services, consumer products, publishing/media, energy and utilities. KKR is recognized as the leader in the buyout field because it has consistently established new standards for the buyout market through its creativity, innovation and flexibility.Some highlights of its activities include:
- Completing the first billion dollar buyout, Wometco Enterprises, Inc., in April 1984 for $1.1 billion
- Completing two of the largest buyout transactions ever (RJR Nabisco, 1989, $31.4 billion and Beatrice, 1986, $8.7 billion)
- Completing two of the first leveraged buyouts in the technology sector, namely, Amphenol Corporation in 1997 ($1.5 billion) and REL TEC Corporation in 1995 ($500 million)
- Completing two of the largest technology buyouts ever, SunGard ($11.4 billion) and Philips Semiconductors (EUR 8.3 billion)
- Pioneering the use of private equity in highly complex and regulated industries such as banking, insurance, utilities and healthcare
