KKR Set to Invest in CVC’s Etraveli at €2.7 Billion Valuation

KKR Set to Invest in CVC’s Etraveli at €2.7 Billion Valuation

KKR & Co. is buying a significant minority stake in CVC Capital Partners Plc-backed Etraveli Group in a deal valuing the Swedish travel technology firm at about €2.7 billion ($3.1 billion), according to people familiar with the matter.

KKR Becomes 'Significant Minority Investor' in Booking.com Partner eTraveli Group

Skift Take: Booking.com sees growing its flights business as a strategic priority. An eTraveli deal may still be on its agenda if it can get the courts to overturn a competition decision. Read the Complete Story On Skift

Sidley Represents SupplyHouse in Minority Investment from KKR

Sidley represented SupplyHouse, a proprietary e-commerce platform serving professionals in the HVAC, plumbing, and electrical trades, in connection with a minority investment from KKR & Co., a global private equity firm. Since its founding more than 20 years ago, SupplyHouse has served over seven million customers and has established itself as a leading online construction retailer, driven by its TradeMaster loyalty program, nationwide logistics…

KKR takes minority stake in CVC-backed Etraveli at €2.7bn valuation

KKR has agreed to acquire a significant minority stake in Etraveli Group, the Swedish travel technology platform backed by CVC Capital Partners, in a deal that values the business at approximately €2.7bn, according to a report by Bloomberg. The investment, made via KKR’s Strategic Investments Group, will support Etraveli’s continued international expansion and product development. The group provides bespoke capital solutions to high-growth busin…

Etraveli Welcomes KKR as Strategic Minority Shareholder in Partnership with CVC for Next-Phase Growth

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Deal Roundup: KKR buys into CVC-backed Etraveli at reported €2.7bn valuation, Stonepeak seals $1.3bn PDC investments

KKR has invested in CVC Capital Partners-backed Swedish travel tech business Etraveli Group at a reported €2.7bn valuation. The post Deal Roundup: KKR buys into CVC-backed Etraveli at reported €2.7bn valuation, Stonepeak seals $1.3bn PDC investments appeared first on AltAssets Private Equity News.