KKR to Acquire Arctos Partners in $1.4B Deal

KKR & Co. has entered into a definitive agreement to acquire Arctos Partners. The transaction is valued at $1.4 billion in initial consideration, including equity subject to vesting through 2033.

The deal also includes potential additional consideration of up to $550 million in future equity tied to KKR share price and business-specific performance targets, with vesting through 2031. Arctos, founded in 2019 and headquartered in Dallas, is described as the largest institutional investor in professional sports franchise stakes and a provider of asset management solutions for sponsors.

Arctos manages approximately $15 billion in assets under management and operates businesses including Arctos Sports and Arctos Keystone or GP Solutions.