KKR announced it has entered into an agreement to acquire a controlling stake in Alliance Tire Group from an affiliate of Warburg Pincus. Yogesh Mahansaria, founder of ATG, will continue to maintain an ownership stake in the company and partner with KKR to continue to grow the business. Terms of the transaction were not disclosed.
- Mergers, Acquisitions & Takeovers
- Warburg Pincus