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KKR nears $1 7 billion deal for IT services firm Ensono -sources

KKR nears $1 7 billion deal for IT services firm Ensono: sources

2 Min Read FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) - Buyout firm KKR & Co Inc is nearing a deal to acquire information technology services provider Ensono from Charlesbank Capital Partners and M/C Partners for around $1.7 billion, including debt, according to people familiar with the matter. A deal could be announced as soon as Wednesday, the sources said, requesting anonymity because the negotiations are confidential. Ensono, Charlesbank and KKR declined to comment. Illinois-based Ensono provides cloud infrastructure services to businesses and government agencies. It hosts servers, databases and mainframe operations, counting Sonoco Products Co, Travelodge and the state of Kansas as its clients.

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