(RTTNews) - KKR & Co. Inc. (KKR), an investment firm, on Tuesday announced that it has acquired Hoken Minaoshi Hompo Group, Inc. from investment funds serviced by Advantage Partners, a Japanese private equity sponsor.
the company said the investment will support Hoken Minaoshi Hompo Group's growth strategy, including sales enablement and bolt-on acquisitions, while driving both organic and inorganic expansion.
KKR is investing through its Asian Fund IV and K-Series, building on prior investments in Japan such as FUJI SOFT, LOGISTEED, and Yayoi, and leveraging its global insurance expertise with platforms like Global Atlantic, USI, APRIL, and Söderberg & Partners.
KKR closed trading in the overnight 0.24% higher at $145 on the New York Stock Exchange.
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