Investment Summary

KKR Invests In Savant

On September 3, 2014, private equity firm KKR invested in electronics company Savant

Investment Highlights
  • This is KKR’s 1st transaction in the Electronics sector.
  • This is KKR’s 67th transaction in the United States.
  • This is KKR’s 1st transaction in Massachusetts.

Investment Summary

Date 2014-09-03
Target Savant
Sector Electronics
Investor(s) KKR
Deal Type Growth Capital

Target

Savant

Hyannis, Massachusetts, United States
website
Savant is a luxury smart home technology company focused on bringing the four pillars of automation - comfort, lighting, entertainment, and safety - together in a single application interface for the homeowner. Savant was founded in 2005 and is based in Hyannis, Massachusetts.

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Investor(S) 1

Investor

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 154 of 426
Sector (Electronics) 1 of 1
Type (Growth Capital) 14 of 63
State (Massachusetts) 1 of 8
Country (United States) 67 of 187
Year (2014) 16 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-03 Versatel AG

Berlin, Germany

Versatel AG is a provider of infrastructure based telecommunications services in the German market.

Sell $769M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-08 Papresa

Errenteria, Spain

Papresa is a producer of newsprint in Southern Europe, in order to execute a comprehensive industrial transformation plan towards new growing products, such as fluting paper for packaging. Papresa was founded in 1868 and is based in Errenteria, Spain.

Buy -