M&A Deal Summary

KKR Acquires Ocean Yield

On October 12, 2021, private equity firm KKR acquired marine company Ocean Yield for 829M USD

Acquisition Highlights
  • This is KKR’s 4th transaction in the Marine sector.
  • This is KKR’s 80th largest (disclosed) transaction.
  • This is KKR’s 3rd transaction in Norway.

M&A Deal Summary

Date 2021-10-12
Target Ocean Yield
Sector Marine
Buyer(s) KKR
Deal Type Going Private
Deal Value 829M USD

Target

Ocean Yield

Lysaker, Norway
Ocean Yield is a ship owning company with investments within oil-service and shipping. Ocean Yield was founded in 2012 and is based in Lysaker, Norway.

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Buyer(S) 1

Buyer

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


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 408 of 483
Sector (Marine) 4 of 5
Type (Going Private) 27 of 37
Country (Norway) 3 of 4
Year (2021) 39 of 52
Size (of disclosed) 80 of 104
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-04 1440 Foods

New York, New York, United States

1440 Foods is a functional snacking and active lifestyle platform with 4 brands: Pure Protein, Met RX, Body Fortress, and Balance Bar. The Company sells protein bars, protein powders, ready-to-drink protein shakes, and protein salty snacks. 1440 Foods is based in New York City.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-15 OVHcloud

Roubaix, France

OVHcloud is an IaaS (Infrastructure as a Service) provider specializing in cloud and internet infrastructure. Since its foundation, the business has grown rapidly to become a major provider of dedicated cloud infrastructure, with more than 250,000 servers in data centers across 19 countries. OVHcloud provides services to over a million customers globally and employs a team of more than 400 dedicated research & development engineers. OVHcloud was founded in 1999 and is based in Roubaix, France.

Sell -