M&A Deal Summary

KKR Acquires Axel Springer

On January 23, 2020, private equity firm KKR acquired publishing company Axel Springer

Acquisition Highlights
  • This is KKR’s 2nd transaction in the Publishing sector.
  • This is KKR’s 19th transaction in Germany.

M&A Deal Summary
Date 2020-01-23
Target Axel Springer
Sector Publishing
Buyer(s) KKR
Deal Type Going Private

Target

Axel Springer

Berlin, Germany
website
Entrance to Axel Springer's corporate headquarters in Berlin.
Entrance to Axel Springer's corporate headquarters in Berlin.
Axel Springer is a German publisher of newspapers and magazines. Axel Springer was founded in 1946 and is based in Berlin, Germany.

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Buyer(S) 1

Buyer

KKR

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1976
PE ASSETS 510.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.

DEAL STATS #
Overall 322 of 429
Sector (Publishing) 2 of 3
Type (Going Private) 23 of 31
Country (Germany) 19 of 22
Year (2020) 1 of 38
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-30 Policygenius

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