(CercleFinance.com) – KKR and The Global Atlantic Financial have announced the finalization of their transaction. KKR completed the acquisition of the remaining 37% of Global Atlantic, bringing its stake to 100%.
‘Since day one, Global Atlantic has been a great fit for KKR, both from a business and cultural perspective. We look forward to collaborating even more closely with Global Atlantic so that we can realize more of the synergies we have discovered over the first three years of our strategic partnership,’ said Joseph Bae and Scott Nuttall, Co. Chief Executive Officers of KKR.
‘KKR and Global Atlantic are a powerful combination. Our shared culture and commitment to excellence continue to enhance our ability to think – and invest – long-term and deliver compelling solutions to our customers and policyholders,’ said Allan Levine, Co-Founder, Chairman and CEO from Global Atlantic.
Global Atlantic will continue to be led by its management team and operate under the Global Atlantic brand.
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