Private equity firm KKR to acquire German IT firm Datagroup for 450 million euros

From Yahoo Finance: 2025-04-15 14:19:00

US-based private equity firm KKR to acquire Frankfurt-listed Datagroup for 450 million euros in all-cash deal. KKR to pay 54 euros per share, a 33% premium. Datagroup shares surge 31%, reaching highest level since February 2024. Company founder to retain control alongside KKR. Deal expected to close in Q3 2025.

KKR’s latest acquisition underscores belief in digital infrastructure and Datagroup’s potential. Despite tariff uncertainty, KKR recently announced $3.1 billion deal for OSTTRA and acquisition of E45-maker Karo Healthcare. Datagroup, with 3,700 employees in Germany, projects revenue between 545 million to 565 million euros in 2025.

Deal between KKR and Datagroup first reported by Reuters and Bloomberg News. Advisers include ParkView Partners, Goldman Sachs, Hengeler Mueller for KKR, and Lincoln International, Heuking for Datagroup.($1 = 0.8794 euros)

Read more: KKR acquires German IT firm Datagroup for around $500 million