Crowe Closes Private Equity Investment From KKR
Chicago-based Crowe completed the sale of a stake in the firm to KKR on Aug. 7, making it one of the largest accounting firms in the U.S. to receive a private equity infusion.
Chicago-based Crowe completed the sale of a stake in the firm to KKR on Aug. 7, making it one of the largest accounting firms in the U.S. to receive a private equity infusion.
BELLINGS Intelligence Score: 28
Why it matters
KKR's private equity investment in Crowe marks a notable market event as it involves a major PE firm taking a stake in a large accounting firm, signaling potential shifts in ownership structures within professional services, but it is not a systemic or regulatory event.
Sources
CPA Practice Advisor
Crowe Closes Private Equity Investment From KKR
Chicago-based Crowe completed the sale of a stake in the firm to KKR on Aug. 7, making it one of the largest accounting firms in the U.S. to receive a private equity infusion.