KKR said on February 4, 2026 that its indirect subsidiary KKR Summit Holdings L.P. entered into a definitive agreement to acquire 100% of Arctos Partners, LP. Closing is subject to the satisfaction of regulatory and specified sports league approvals and other customary conditions.

1. 01

   KKR said on February 4, 2026 that its indirect subsidiary KKR Summit Holdings L.P. entered into a definitive agreement to acquire 100% of Arctos Partners, LP. Closing is subject to the satisfaction of regulatory and specified sports league approvals and other customary conditions.

2. 02

   The company said initial consideration is $1.4 billion, consisting of $300 million in cash, $900 million of equity securities paid to existing Arctos shareholders, and $200 million of additional equity securities to be allocated by 2028.

3. 03

   KKR said up to $550 million of additional equity tied to both KKR share price and business-specific performance targets may be earned. Unregistered securities include $920 million of the $1.1 billion initial equity consideration and $415 million of the additional equity.

4. 04

   The company said Arctos manages approximately $15 billion in assets under management and that upon closing it will form a new investing business, KKR Solutions, to be led by Ian Charles. KKR Solutions will include Arctos' Sports and Keystone businesses.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.