KKR Boosts Investment In NetSPI With $410 Mln In New Funding

RTTNews | 1050 days ago
KKR Boosts Investment In NetSPI With $410 Mln In New Funding

(RTTNews) - NetSPI announced Wednesday that global investment firm KKR & Co. (KKR) is increasing its investment in the company with $410 million in new funding. The growth investment validates NetSPI's significant outperformance since KKR's initial investment in May 2021.

The investment will support NetSPI's continued technology innovation, talent acquisition, and global expansion, as well as recapitalizing NetSPI's first institutional investor Sunstone Partners.

NetSPI's comprehensive suite of offensive security solutions such as Attack Surface Management, Penetration Testing as a Service (PTaaS), and Breach and Attack Simulation, help enterprises to uncover critical security gaps, minimize risk, and reduce the likelihood of a security incident.

The transaction will close by the end of 2022, subject to customary regulatory approvals.

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KKR To Invest $750 Mln In London-based Zenobe

KKR To Invest $750 Mln In London-based Zenobe

Global investment firm KKR & Co. Inc. (KKR) announced Thursday it is investing approximately $750 million to scale London-based Zenobe, a market leader in transport electrification and battery storage solutions, to accelerate the global decarbonization of diesel fleets and provide grid services that are critical for the decarbonization of the energy sector.
RTTNews | 713 days ago
TIM Group Announces Non-binding Offer From KKR For Stake In Company

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RTTNews | 930 days ago
Australian Market Extends Early Gains In Mid-market

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RTTNews | 46 minutes ago
Asian Markets Trade Mostly Higher

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Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, after reports indicated the Trump administration is looking into the federal government taking equity stakes in Intel and other chipmakers in return for the federal subsidies. Traders also remain optimistic about the US Fed cutting interest rates is September.
RTTNews | 1h 8min ago