KKR acquisition of ERM
Torch Partners has acted as financial adviser to KKR on its agreement to acquire a majority stake in ERM, the world’s largest pure-play sustainability consultancy. KKR will acquire its position in the company from OMERS Private Equity and Alberta Investment Management Corporation (AIMCo), with ERM’s management team and Partners remaining as minority investors.
Founded in 1971, ERM has built deep and broad technical expertise in environmental health, safety, risk and social matters with a first-class team of more than 5,500 consultants, across 150 offices in over 40 countries. The Company supports its clients in every part of their organisations, with a focus on operationalising sustainability and implementing environmental, social and governance (ESG) best practices.
KKR is a leading global investment firm that offers alternative asset management including private equity, credit and real assets. With ~$250bn assets under management, KKR operates in 20 cities across 4 continents and aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities.
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