KKR-backed Ascend Asia buys finexis advisory firm in Singapore
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FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo
SINGAPORE (Reuters) -Private equity firm KKR & Co Inc said on Monday that its Ascend Asia Financial Services Group is acquiring a financial advisory firm called finexis in Singapore.
No financial details were disclosed in the statement on the acquisition of finexis, which was established in 2005 and has a team of over 1,100 financial consultants and staff.
The transaction, made through KKR's Asia Fund IV, is expected to close in the third quarter of 2025, KKR said.
(Reporting by Yantoultra Ngui; Editing by Sonali Paul)
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