Investment Summary

KKR Invests In East Resources

On June 1, 2009, private equity firm KKR invested in oil/gas exploration company East Resources

Investment Highlights
  • This is KKR’s 1st transaction in the Oil/Gas Exploration sector.
  • This is KKR’s 37th transaction in the United States.
  • This is KKR’s 1st transaction in West Virginia.
Investment Fate
  • East Resources was sold to a publicly-traded strategic buyer in 2010 for 4.7B USD.

Investment Summary

Date 2009-06-01
Target East Resources
Sector Oil/Gas Exploration
Investor(s) KKR
Deal Type Stake Purchase

Target

East Resources

Parkersburg, West Virginia, United States
East Resources is a Oil and natural gas exploration and development company.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 69 of 499
Sector: Oil/Gas Exploration M&A 1 of 10
Type: Stake Purchase M&A Deals 6 of 66
State: West Virginia M&A 1 of 1
Country: United States M&A 37 of 212
Year: 2009 M&A 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-03 Masonite International

Tampa, Florida, United States

Masonite International is a designer and manufacturer of interior and exterior doors for residential construction, residential repair, renovation, and remodeling and the non-residential building construction markets. Masonite International was founded in 1925 and is based in Tampa, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-15 China Modern Dairy

Maanshan City, China

China Modern Dairy is focused on raising dairy cows and selling raw milk to branded dairy companies for processing into consumer dairy products.

Buy -