KKR North America Fund XIII SCSp managed by KKR & Co. Inc. completed the acquisition of Engineering Solutions Business from IHS Markit Ltd.
Goldman Sachs & Co. LLC acted as financial advisor, and Jeffrey A. Brill, Stephen F. Arcano, Niels Baeten, Alec J. Jarvis, Matthew H. Nemeroff, David M. Rievman, Erica Schohn, David P. Wales and Andrew D. Woodard of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to S&P Global, parent of IHS. RBC Capital Markets acted as financial advisor to KKR, and Marni Lerner, Naveed Anwar, David Rubinsky, Nancy Mehlman, William Smolinski, Sarah Lindley, Jessica Cohen, Adam Shapiro, Catherine Burns, Toby Chun, Peter Guryan, Kelly Karapetyan, Deepa Sarkar, Steve DeLott and Krista McManus of Simpson Thacher & Bartlett LLP acted as legal advisor to KKR. Melanie Howard of Baker & Mckenzie acted as legal advisor to S&P Global. William Vivian John, Ajinkya Gunjan Mishra and Sumit Bansal of S&R Associates acted as legal advisor to IHS Markit Ltd.
KKR North America Fund XIII SCSp managed by KKR & Co. Inc. (NYSE:KKR) completed the acquisition of Engineering Solutions Business from IHS Markit Ltd. on May 2, 2023. The transaction will also include local closings in certain jurisdictions, which are expected to occur during the balance of 2023. In the future, the Engineering Solutions business will operate as an independent company by the name of Accuris. CastleOak Securities, L.P. acted as financial advisor to KKR & Co. Inc. Darshika Kothari and Vasudha Asher of AZB & Partners acted as legal advisor to KKR & Co. Inc.