'We can acquire companies that may be small, but they are still going to be a market leader in the specific niche application that they serve,' said KKR's Brandon Brahm.
KKR, a leading global investment firm, announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the “Company”), a leading manufacturer of testing and measurement instruments, from Union Park Capital (“UPC”). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed.
All Employees to Become Owners in the CompanyNEW YORK (BUSINESS WIRE) KKR, a leading global investment firm, today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the “Company”), a leading manufacturer of testing and measurement instru.