KKR Completes Acquisition of Ipreo

KKR Completes Acquisition of Ipreo Back to Press Releases

KKR Completes Acquisition of Ipreo

August 5, 2011

NEW YORK–(BUSINESS WIRE)– Kohlberg Kravis Roberts & Co L.P. (together with its affiliates, “KKR”) announced today that KKR has completed the acquisition of Ipreo Holdings LLC. The terms of the agreement, which was previously announced in May 2011, were not disclosed.

Ipreo is a leading provider of market intelligence, deal execution platforms, and investor communication tools to investment banks and corporations around the world. It is the only provider of new issuance software solutions across the equity, fixed income, and municipal markets. The company is also known for sophisticated analytical services, as well as its Bigdough database, widely recognized as the leading source for institutional contact data and investor profiles. Ipreo clients include the world’s leading investment banks and hundreds of corporations listed on all the major exchanges around the globe.

“Today marks the beginning of a long-term partnership that will build upon Ipreo’s tremendous success to date. We look forward to working with the Ipreo team to create meaningful value for both the company and its customers,” said Thomas Uger, a Director of KKR.

“We are thrilled to have a partner with such deep knowledge and understanding of our business,” said Scott Ganeles, Chief Executive Officer of Ipreo. “It is very exciting for us to have KKR’s support as we strive to ensure that our clients around the world continue to have the best tools and information available.”

About Ipreo

Ipreo is a premier global provider of high quality data, market intelligence, and productivity solutions to investment banking and corporate clients. With decades of experience serving the capital markets, and a reputation for superior customer service, Ipreo is both a dynamic innovator and a trusted resource. Ipreo has more than 600 employees and operations throughout the US, Europe, and Asia. Ipreo’s combined businesses have been servicing the capital markets for over 20 years. For more information, visit www.ipreo.com.

About KKR

Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $61.9 billion in assets under management as of June 30, 2011. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to

its portfolio companies and through active oversight and monitoring of its investments. KKR complements its investment expertise and strengthens interactions with investors through its client relationships and capital markets platform. KKR is publicly traded on the New York Stock Exchange (NYSE: KKR). For additional information, please visit KKR’s website at www.kkr.com.

Media Inquiries:
KKR
Kristi Huller, 212-750-8300
Kristi.Huller@kkr.com
or
Ipreo
Kate McKay, 212-849-5060
Kate.McKay@ipreo.com

Source: KKR

News Provided by Acquire Media

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Media Contacts

Americas

Kristi Huller
Miles Radcliffe-Trenner

Julia Kosygina
Telephone: +1 (212) 750-8300

Email: media@kkr.com

EMEA

Annabel Arthur
Telephone: +44 20 7839 9800

Email: kkrpr-uk@kkr.com

Asia-Pacific

Anita Davis

Wei Jun Ong
Telephone: +852 3602 7335

Email: media@kkr.com

Investor Relations

‍Craig Larson
Telephone: +1 (877) 610-4910
Outside US: +1 (212) 230-9410
Facsimile: +1 (212) 750-0003
Email: Investor-Relations@kkr.com

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This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively “KKR”), including certain investment funds, vehicles and accounts that are managed by KKR (each, a “fund”). Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements are based on KKR’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. If a change occurs, KKR’s business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKR’s business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKR’s competition. All forward-looking statements speak only as of the date they are made. KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law. In addition, KKR’s business strategy is focused on the long-term and financial results are subject to significant volatility.

Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov.