KKR acquires a 30% stake in Sector Alarm
The US-based global investment firm Kohlberg Kravis Roberts & Co. L.P. has agreed to acquire a 30% stake in Sector Alarm Holding AS, a provider of alarm systems and security solutions for both residential homes and businesses. The transaction will allow Sector Alarm to enhance capabilities of achieving operational and financial excellence, and thereby accelerate the business growth. Pursuant to the transaction, Mr. Jorgen Dahl, the CEO of Sector Alarm will continue as a majority owner of the company.
Sector Alarm Holding AS was advised by Mannheimer Swartling as local counsel in the transaction, which is expected to close during the third quarter of 2019.