The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the acquisition of Barracuda Parent LLC by KKR & Co. Inc via Atlantic Holding Parent Inc.
KKR & Co Inc. is a global investment firm offering alternatives to asset management and capital markets and insurance. KKR finances investment funds that invest in private equity, credit and real estate and has strategic partners who manage hedge funds.
Atlantic Holding Parent Inc. is a company duly registered under the laws of the State of Delaware of the United States of America and is a special purpose vehicle, without previous business activities, established for the purposes of the Transaction and is indirectly controlled by funds (investment funds), investment vehicles and / or separate management accounts consulted and / or managed by one or more subsidiaries of KKR & Co. Inc.
Barracuda Parent LLC is a limited liability company, duly registered under the laws of the State of California, USA, which provides data security solutions, applications and networking products and services to customers using network devices and cloud services.