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

KKR Alternative Assets has agreed to acquire FS KKR Capital, a financial services other business in Pennsylvania, for $150,000,000. FS KKR Capital is a financial services company whose common stock is being targeted in a going private acquisition. The KKR Alternative Assets acquisitions are structured as a private equity acquisition focused on financial services M&A and PA acquisitions. The deal is an announced going private acquisition under a Schedule TO tender offer framework, offering $11.00 per share to purchase up to $150,000,000 of shares. KKR Alternative Assets acquires FS KKR Capital through its Delaware limited partnership purchaser, with the general partner named as a bidder due to control.