FS KKR Capital Acquired by KKR Alternative Assets | Financial Services M&A Deal

KKR Alternative Assets has completed the acquisition of FS KKR Capital, a financial services other business in Maryland, for $150,000,000. FS KKR Capital Corp is a financial services company whose common stock is being purchased in a going private acquisition, supporting KKR Alternative Assets acquisitions in the financial services M&A market. The deal structure is tied to a Schedule TO tender offer process in MD, with KKR Alternative Assets as the offeror and bidder control through its general partner. As a private equity acquisition, the going private acquisition targets up to $150 million of FS KKR Capital shares at $11.00 per share, subject to tender offer conditions and withholding taxes.