Kohlberg Kravis Roberts

GoFundMe Announces Three New Appointments to Its Board of Directors

Retrieved on: 
Thursday, August 5, 2021

GoFundMe, the largest global fundraising platform based in Redwood City, California, announced today the addition of three new members to its Board of Directors.

Key Points: 
  • GoFundMe, the largest global fundraising platform based in Redwood City, California, announced today the addition of three new members to its Board of Directors.
  • GoFundMe has built and operated a trusted platform where billions of dollars are being moved around the world in a highly efficient and effective way.
  • I have been a member of the GoFundMe community for years and to join the board is a true honor.
  • Jonathan proudly serves as a member of the Board of Directors of Everlane, AboveBoard, Northern Star SPAC and College Track.

Ingersoll Rand Announces Pricing of its Secondary Offering of 29,788,635 Shares of Common Stock

Retrieved on: 
Wednesday, August 4, 2021

Ingersoll Rand Inc. (NYSE:IR) (Ingersoll Rand) today announced the pricing of the previously announced underwritten secondary offering by KKR Renaissance Aggregator L.P. (the Selling Stockholder) of 29,788,635 shares of common stock of Ingersoll Rand (the Shares) pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the SEC).

Key Points: 
  • Ingersoll Rand Inc. (NYSE:IR) (Ingersoll Rand) today announced the pricing of the previously announced underwritten secondary offering by KKR Renaissance Aggregator L.P. (the Selling Stockholder) of 29,788,635 shares of common stock of Ingersoll Rand (the Shares) pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the SEC).
  • No shares are being sold by Ingersoll Rand.
  • As part of and subject to the completion of the offering, Ingersoll Rand intends to concurrently repurchase from the underwriter 14,894,317 shares out of the aggregate 29,788,635 shares of its common stock that are the subject of the offering.
  • The price per share to be paid by Ingersoll Rand will equal the price at which the underwriter will purchase the Shares from the Selling Stockholder in the offering.

Potato-Based Milk Enters the Booming Plant-Based Milk Market With a Bang

Retrieved on: 
Wednesday, August 4, 2021

However, many of these crops, like oats, can be resource-intensive and tricky to harvest, which is why Swedish companyDug is introducing a potato-based milk to the booming plant-based milk market.

Key Points: 
  • However, many of these crops, like oats, can be resource-intensive and tricky to harvest, which is why Swedish companyDug is introducing a potato-based milk to the booming plant-based milk market.
  • This $1 billion dollar category in the US brings a vastly larger customer base into the company's sights.
  • To bolster its global medical market, clinical, and regulatory affairs, Else Nutrition announced strategic additions to its team.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Potato-Based Milk Enters the Booming Plant-Based Milk Market With a Bang

Retrieved on: 
Wednesday, August 4, 2021

NEW YORK, Aug. 4, 2021 /PRNewswire/ -- Plant-based milk has taken the food industry by storm, with products popping up on shelves made from oats, cashews, almonds, coconuts, hazelnuts, walnuts, barley, rice - the list goes on. However, many of these crops, like oats, can be resource-intensive and tricky to harvest, which is why Swedish company Dug is introducing a potato-based milk to the booming plant-based milk market. At the same time, companies within the plant-based food space are continuing to ramp up their plant-based offerings in an effort to gain a larger share of the $7 billion market. Else Nutrition Holdings Inc. (TSXV:BABY) (OTCQX:BABYF) is one of the most innovative companies developing plant-based nutrition for babies and toddlers via its Else Nutrition lines of formula and other products. Companies like KKR & Co. Inc. (NYSE:KKR) and Yum! Brands (NYSE:YUM) collaborated to bring the innovating Violife vegan cheese and Pizza Hut stuffed crust dish to Pizza Hut. Oatly (NASDAQ:OTLY) and Tyson Foods (NYSE:TSN) continue to develop plant-based alternatives that consumers seem to love.

Key Points: 
  • However, many of these crops, like oats, can be resource-intensive and tricky to harvest, which is why Swedish company Dug is introducing a potato-based milk to the booming plant-based milk market.
  • This $1 billion dollar category in the US brings a vastly larger customer base into the company's sights.
  • To bolster its global medical market, clinical, and regulatory affairs, Else Nutrition announced strategic additions to its team.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Ingersoll Rand Announces Secondary Offering of 29,788,635 Shares of Common Stock

Retrieved on: 
Tuesday, August 3, 2021

Ingersoll Rand Inc. (NYSE:IR) (Ingersoll Rand) announced that KKR Renaissance Aggregator L.P. (the Selling Stockholder) intends to offer for sale in an underwritten secondary offering 29,788,635 shares of common stock of Ingersoll Rand (the Shares) pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the SEC).

Key Points: 
  • Ingersoll Rand Inc. (NYSE:IR) (Ingersoll Rand) announced that KKR Renaissance Aggregator L.P. (the Selling Stockholder) intends to offer for sale in an underwritten secondary offering 29,788,635 shares of common stock of Ingersoll Rand (the Shares) pursuant to a registration statement filed by Ingersoll Rand with the U.S. Securities and Exchange Commission (the SEC).
  • No shares are being sold by Ingersoll Rand.
  • As part of and subject to the completion of the offering, Ingersoll Rand intends to concurrently repurchase from the underwriter, 14,894,317 shares out of the aggregate 29,788,635 shares of its common stock that are the subject of the offering (the Concurrent Share Repurchase).
  • The price per share to be paid by Ingersoll Rand will equal the price at which the underwriter will purchase the Shares from the Selling Stockholder in the offering.

Fast-growing BankTech Software Provider Abrigo Announces Strategic Growth Investment from Carlyle

Retrieved on: 
Tuesday, August 3, 2021

AUSTIN, Texas and NEW YORK, Aug. 3, 2021 /PRNewswire/ --Abrigo, a leading technology provider of compliance, risk, and lending solutions for financial institutions, announced today it has secured a strategic growth investment from funds managed by Carlyle (NASDAQ: CG).

Key Points: 
  • AUSTIN, Texas and NEW YORK, Aug. 3, 2021 /PRNewswire/ --Abrigo, a leading technology provider of compliance, risk, and lending solutions for financial institutions, announced today it has secured a strategic growth investment from funds managed by Carlyle (NASDAQ: CG).
  • Abrigo will use the investment to accelerate its commitment to helping financial institutions manage risk and drive growth.
  • The strategic growth investment from Carlyle in partnership with Accel-KKR will enable Abrigo to further accelerate sales growth, deepen its strong customer relationships, and pursue significant and transformational M&A.
  • Abrigo is a leading technology provider of compliance, credit risk, lending, and asset/liability management solutions that financial institutions use to manage risk and drive growth.

Spaulding Ridge Secures OneStream Software's Platinum Partner Level Status

Retrieved on: 
Tuesday, August 3, 2021

CHICAGO, Aug. 3, 2021 /PRNewswire/ -- OneStream Software today announced Spaulding Ridge has become a Platinum level implementation partner.

Key Points: 
  • CHICAGO, Aug. 3, 2021 /PRNewswire/ -- OneStream Software today announced Spaulding Ridge has become a Platinum level implementation partner.
  • As a Platinum partner, OneStream recognizes Spaulding Ridge's commitment to align with OneStream's strategic vision and continue to bring value to shared clients.
  • Our platinum partnership reflects the value our clients see with their OneStream solution," says Emil Fernandez, Partner, Spaulding Ridge.
  • "We are thrilled to announce Spaulding Ridge has achieved Platinum level partner status," said Stephanie Cramp, senior vice president of Global Alliances at OneStream Software.

KKR & Co. Inc. Reports Second Quarter 2021 Results

Retrieved on: 
Tuesday, August 3, 2021

KKR & Co. Inc. (NYSE: KKR) today reported its second quarter 2021 results, which have been posted to the Investor Center section of KKRs website at https://ir.kkr.com/events-presentations/ .

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) today reported its second quarter 2021 results, which have been posted to the Investor Center section of KKRs website at https://ir.kkr.com/events-presentations/ .
  • View the full release here: https://www.businesswire.com/news/home/20210803005265/en/
    A conference call to discuss KKRs financial results will be held on Tuesday, August 3, 2021 at 10:00 a.m.
  • KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.

Michaela Wood to Join KKR in London

Retrieved on: 
Tuesday, August 3, 2021

KKR, a leading global investment firm, today announces the appointment of Michaela Wood as a Director, effective immediately.

Key Points: 
  • KKR, a leading global investment firm, today announces the appointment of Michaela Wood as a Director, effective immediately.
  • Based in London, Michaela will join the EMEA private equity team to work on UK coverage as well as supporting investments in the Business Services sector across Europe.
  • Michaela joins KKR after six years at CVC Capital Partners where she worked on a range of transactions including the RAC, QA, Neptune Energy, PRO14 Rugby and Six Nations Rugby.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co.

KKR Acquires HQ @ First in Silicon Valley

Retrieved on: 
Monday, August 2, 2021

KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. (KREST) has acquired HQ @ First, a 603,666 square-foot Silicon Valley office campus, from MORI TRUST CO., LTD., a Japan-based major real estate developer.

Key Points: 
  • KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. (KREST) has acquired HQ @ First, a 603,666 square-foot Silicon Valley office campus, from MORI TRUST CO., LTD., a Japan-based major real estate developer.
  • HQ @ First is a marquee property with great amenities, including onsite lab facilities, and access to Silicon Valleys immense pool of talent, said Justin Pattner, KKR Partner and Head of Real Estate Equity in the Americas.
  • KREST is managed by KKR Registered Advisor LLC, an affiliate of KKR & Co. Inc., and utilizes the experience and reach of KKRs global real estate team and the resources available through the KKR platform.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co.