KKR & Co. (KKR) to Acquire OverDrive (Earlier)

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KKR to Acquire Leading Digital Reading Platform OverDrive

December 24, 2019 6:30 PM EST

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of a definitive agreement to acquire OverDrive, Inc. (OverDrive or the Company), the leading digital reading platform for libraries and schools, from Rakuten USA, a wholly owned subsidiary of Rakuten, Inc. Financial details of the transaction were not disclosed.

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Serving a growing network of 43,000 libraries and schools in more than 75... More