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Anonymous ID: 7297b5 Aug. 21, 2020, 8:45 p.m. No.10379058   🗄️.is 🔗kun   >>9111 >>9308 >>9403 >>9408 >>9455

Fiserv, Inc. sold by Kohlberg, Kravis, Roberts & Co.: $490m-August 21

 

Fiserv, Inc. specializes in the development and integration of IT solutions for the financial and insurance sectors. Net sales break down by activity as follows:

  • on-line banking and investment support (76.5%): solutions for on-line payment, solutions for placing share orders, paying for securities, managing retirement savings plans, etc.;

  • financial management (23.5%): transaction and loan management solutions, data treatment, CRM, hosting solutions of online activities and outsourcing services for financial institutions (banks, leasing companies, real estate lending companies, etc.) and insurance companies.

The United States account for 88% of net sales. Number of employees : 44 000 people.

https://www.marketscreener.com/quote/stock/FISERV-INC-4873/company/

 

KKR & Co. Inc., formerly KKR & Co. L.P., is a global investment firm that manages investments across multiple asset classes, including private equity, energy, health care, infrastructure, real estate, credit and hedge funds. It offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties. The Company conducts its business with offices across the world, providing it with a global platform for sourcing transactions, raising capital and carrying out capital markets activities. The Company operates through four segments: Private Markets, Public Markets, Capital Markets and Principal Activities. It operates and reports its combined credit and hedge funds businesses through the Public Markets segment. The Capital Markets segment consists primarily of its global capital markets business. Through its Principal Activities segment, it manages the firm's assets and deploys capital. Number of employees : 1 384 people.

The firm was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 2007 buyout of TXU, which is currently the largest buyout completed to date. KKR has offices in 21 cities in 16 countries across five continents. The firm is currently headquartered in the Solow Building (9 West 57th Street, New York, NY), but in October 2015, the firm announced its intention to occupy a newly constructed 30 Hudson Yards. In October 2009, KKR listed shares in the company through KKR & Co., an affiliate that holds 30% of the firm's ownership equity, with the remainder held by the firm's partners. In March 2010, KKR filed to list its shares on the New York Stock Exchange (NYSE),with trading commencing four months later, on July 15, 2010.

https://www.marketscreener.com/quote/stock/KKR-CO-INC-44486777/company/

https://en.wikipedia.org/wiki/Kohlberg_Kravis_Roberts

https://www.finviz.com/insidertrading.ashx?oc=1472698&tc=7&b=2