KKR - Crowe

WA-90025

The acquirer is a special purpose vehicle, majority owned by KKR Forge Aggregator L.P. (**KKR Aggregator**), a newly-formed investment vehicle advised and managed by KKR. KKR is a global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR sponsors investment funds that invest in private equity, credit, and real assets and has strategic partners that manage hedge funds. Crowe LLP (**Crowe**) is a global independent accounting and advisory firm, currently controlled by the Crowe LLP partners (**Crowe Partners**), which operates across four business units: advisory, audit, consulting and tax. Crowe is a member of Crowe Global, a global network of professional service providers. In Australia, Findex (Aust) Pty Ltd, trading as Crowe Australasia, provides attestation, tax, and consulting services. Findex (Aust) Pty Ltd is a leading provider of integrated financial advisory and accounting services in Australia. KKR has agreed to acquire 45% of the equity interests in the advisory, tax and consulting business of Crowe (held by Crowe ParentCo LLC), together with a consortium of co-investors who have agreed to acquire an indirect minority 10% equity interest (the **Acquisition**). Following completion of the Acquisition, KKR will hold 45% of the equity interest, the consortium of co-investors will hold 10% and Crowe will retain the remaining 45% of the equity interests.

Status

Assessment completed

Determination

Approved

Stage

Waiver application

Notified

25 June 2026

Acquirers

  • Forge Merger Sub LLC

Targets

  • Crowe ParentCo LLC