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Published on 12/13/2021 in the Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily, Prospect News CLO Daily, Prospect News Convertibles Daily, Prospect News Distressed Debt Daily, Prospect News Emerging Markets Daily, Prospect News Green Finance Daily, Prospect News High Yield Daily, Prospect News Investment Grade Daily, Prospect News Preferred Stock Daily and Prospect News Private Placement Daily.

Kroll Bond Rating Agency enters acquisition deal with Parthenon

Chicago, Dec. 13 – Kroll Bond Rating Agency, LLC announced a deal with Parthenon Capital Partners whereby Parthenon will be acquiring a majority stake in Kroll, according to a press release.

KBR was founded in the wake of the global financing crisis 11 years ago.

Parthenon Capital’s financial adviser was Newbold Partners LLC and its legal adviser was Kirkland & Ellis LLP. KBRA received legal advice from Gunderson Dettmer LLP and Shearman & Sterling LLP.

KBRA is based in New York.


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