Alcentra Asset Management news and trends

KKR to Transfer Majority Stake in Unzer to Creditors

August 04, 2023
KKR
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KKR to Transfer Majority Stake in Unzer to Creditors

August 04, 2023
Private equity firm KKR is reportedly set to transfer payments firm Unzer to a group of creditors. The debt providers Alcentra Asset Management, Goldman Sachs Asset Management and Partners Group have agreed in principle to take over a majority stake in Unzer, pending regulatory approval, Bloomberg reported Friday (Aug. 4), citing unnamed sources. They will provide fresh equity and forego some debt. KKR, which acquired control […]