Investment Summary

KKR Invests In Channel Control Merchants

On June 8, 2015, private equity firm KKR invested in retailer Channel Control Merchants

Investment Highlights
  • This is KKR’s 11th transaction in the Retail sector.
  • This is KKR’s 73rd transaction in the United States.
  • This is KKR’s 1st transaction in Mississippi.
Investment Fate
  • Channel Control Merchants went bankrupt in 2024.

Investment Summary

Date 2015-06-08
Target Channel Control Merchants
Sector Retail
Investor(s) KKR
Deal Type Growth Capital
Advisor(s) Goldman Sachs (Financial)
Morrison Cohen (Legal)

Target

Channel Control Merchants

Hattiesburg, Mississippi, United States
Channel Control Merchants is a deep value retailer and wholesaler of opportunistic secondary market inventories, with particular expertise in the purchase and resale of store-level inventories. Channel Control Merchants is based in Hattiesburg, Mississippi.

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Investor(S) 1

Investor

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 267.0B 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 175 of 499
Sector: Retail M&A 11 of 17
Type: Growth Capital M&A Deals 23 of 81
State: Mississippi M&A 1 of 1
Country: United States M&A 73 of 212
Year: 2015 M&A 10 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-15 Monterra Energy

Houston, Texas, United States

Monterra Energy develops strategic energy infrastructure projects evolving from Mexico's historic Energy Reform. Monterra Energy was founded in 2014 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-09 PropertyGuru

Singapore, Singapore

PropertyGuru is an online property portal group focused on serving clients across Singapore, Malaysia, Indonesia, and Thailand. PropertyGuru was formed in 2006 and is based in Singapore.

Buy -