Jet2 and Crest Nicholson: Markets live

Integer Holdings, a major medical device manufacturer, is being acquired by KKR for $5.7B. Integer supplies components to companies like Abbott, Boston Scientific, and Medtronic. The deal may impact Minnesota's med-tech industry, where Integer has significant operations. KKR's acquisition could lead to consolidation in the sector, with potential implications for competition and pricing. Integer reported $1.8B in revenue last year.

KKR's Dragon Bidco has confirmed that its offer for DCC Energy is final and will not be increased. The announcement clarifies the terms of the acquisition bid, which is significant for investors in DCC Energy.

KKR & Co. Inc. (NYSE: KKR) plans to acquire A1 Garage Door Service for $2 billion, expanding its home services sector presence. GF Value™ suggests KKR is 20.3% undervalued at $106.41 vs. intrinsic value of $133.52. The company has a GF Score™ of 90/100, with strong growth and profitability but moderate financial strength concerns. Insiders have bought $50.9 million in shares over the past year.

KKR & Co agreed to buy A1 Garage Door Service for about $2 billion, expanding its residential services sector. A1, based in Arizona, operates in 20 states. This follows Oak Hill Capital's $800M+ acquisition of Guild Garage Group earlier this year, reflecting private equity interest in home services.

KKR & Co agreed to acquire A1 Garage Door Service for around $2 billion, according to sources. The deal follows a trend of private equity firms investing in residential services due to steady cash flows and high values in fragmented markets. A1 operates in 20 states and received growth capital from Cortec Group in 2022.

KKR sold USI Insurance Services to Aon for $17B, marking its largest exit from its Strategic Holdings portfolio. KKR acquired USI in 2017 for $4.3B and made additional investments, achieving a 6x return on original equity. The sale is expected to close in Q4 2026, with KKR receiving $3.3B in after-tax proceeds.