KKR & Co. (KKR) Acquires Industrial Physics
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KKR to Acquire Leading Testing and Measurement Instrument Provider Industrial Physics from Union Park Capital
May 11, 2023 7:00 AM EDTAll Employees to Become Owners in the Company
NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the Company), a leading manufacturer of testing and measurement instruments, from Union Park Capital (UPC). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed.
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