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THL Announces Agreement to Acquire Headlands Research from KKR

1. THL Partners acquires Headlands Research from KKR, enhancing growth opportunities. 2. KKR's exit from this investment indicates a strategic portfolio shift.

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$142.88508/15 03:39 PM EDTLatest Updated
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FAQ

Why Neutral?

The sale of Headlands Research may not significantly alter KKR's overall valuation. Historical examples show that divestitures often lead to short-term fluctuations but little long-term change in valuation.

How important is it?

The acquisition reflects KKR's strategic direction; however, it largely aligns with typical private equity activity.

Why Short Term?

The immediate effects of the sale may influence investor sentiment temporarily, while long-term impacts are minimal. Similar cases in private equity show initial sale reactions before stabilizing.

Related Companies

THLHEADKKR
LAKE WORTH, Fla. & NEW YORK--(BUSINESS WIRE)--THL Partners (“THL”), a premier private equity firm investing in middle market growth companies, today announced the entry into a definitive agreement to acquire Headlands Research (“Headlands” or “the Company”), a leading multinational network of clinical trial sites, from funds managed by leading global investment firm KKR. The strategic partnership between THL and Headlands will fuel Headlands' continued expansion, enhance its technology and cent.

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