Kkr & Co. Inc. · NYSE:KKR
Kkr & — Merger or Acquisition (February 2026)
14 slides from Kkr &'s merger presentation, February 2026
Slide 1: KKR & Co. Inc. Acquisition of Arctos
KKR & Co. Inc. Acquisition of Arctos February 2026
Slide 2: Legal Disclosures
Legal Disclosures This presentation has been prepared by KKR & Co. Inc. solely for informational purposes for its public stockholders in connection with evaluating the business, operations and financial results of KKR & Co. Inc. and its subsidiaries (collectively, “KKR”), which includes The Global A
Slide 3: Arctos – A Unique And Compelling Strategic Acquisition
Arctos – A Unique And Compelling Strategic Acquisition KKR has agreed to acquire 100% of Arctos for $1.4 billion in initial consideration subject to vesting plus additional future equity tied to both KKR share price and business-specific performance targets • Initial consideration includes: i) $900
Slide 4: Arctos – A Unique And Compelling Strategic Acquisition (cont’d)
Arctos – A Unique And Compelling Strategic Acquisition (cont’d) Investment Highlights • Arctos is the leading professional sports franchise stakes investor and a leader in GP solutions. Arctos’ 75+ person team has deep expertise and a proven track-record in sports, GP solutions and secondaries • Uni
Slide 5: Arctos Acquisition – Consistent With Our M&A Strategy
Arctos Acquisition – Consistent With Our M&A Strategy Consideration Transaction Benefits Large Addressable • Large addressable markets across sports, GP solutions and secondaries Market With Right To Win • Leading franchise with deep expertise and proven track-record • Immediately establishes meanin
Slide 6: Arctos Today – Sports
Arctos Today – Sports Select Current Sports Portfolio • Largest institutional portfolio of professional sports franchise stakes • Committed ~$7 billion to-date across some of the most iconic brands in global sports, with a growing capital base • First mover advantage with high barriers to entry as t
Slide 7: Arctos Today – Keystone (GP Solutions)
Arctos Today – Keystone (GP Solutions) Purpose-Built Platform Focused on Sponsors • Arctos is a top player in the GP solutions space Independent partner offering strategic, bespoke solutions for leading sponsors • Experienced team with history of Creative, flexible and highly customized solutions in
Slide 8: Secondaries – Arctos Well Positioned In Growing Market
Secondaries – Arctos Well Positioned In Growing Market Alternatives Industry AUM: ~$13 trillion Large and Growing Secondaries Industry AUM: ~$650 billion +4x in 10 years, but only ~5% of Alternatives Industry AUM Industry Significant Opportunity for Continued Growth Proliferation KKR + Arctos: 5,000
Slide 9: KKR Is Creating A New Investing Business With Multiple Ways To Win
KKR Is Creating A New Investing Business With Multiple Ways To Win KKR Solutions 1 Sports 2 Keystone (GP Solutions) 3 New Secondaries Strategies Arctos already a leader Senior Arctos team members have been leaders in the secondaries space throughout their careers Originating and Sourcing Across the
Slide 10: We’ve been looking at this space for over a decade…
We’ve been looking at this space for over a decade… …and we have conviction that this acquisition will allow us to scale a leading sports, diversified solutions and secondaries franchise Note: These statements are estimated based on various assumptions, and there is no guarantee that our expectation
Slide 11: Appendix
Appendix
Slide 12: Important Information – Other Legal Disclosures
Important Information – Other Legal Disclosures Past Performance and Investment Returns companies and businesses in the Strategic Holdings segment in the future, the future growth of such companies and businesses, the potential for compounding earnings over a long period of time from such Past perfo
Slide 13: Important Information – Other Legal Disclosures (cont’d)
Important Information – Other Legal Disclosures (cont’d) Forward-Looking Statements (cont’d) investments in companies that are based outside of the United States; and investors in certain of our investment vehicles are entitled to redeem their investments in these vehicles on a periodic basis; These
Slide 14: Important Information – Other Legal Disclosures (cont’d)
Important Information – Other Legal Disclosures (cont’d) Notes to Page 3 – Arctos – A Unique And Compelling Strategic Acquisition • Any future additional equity is expected to be issued under KKR & Co. Inc.’s Equity Incentive Plan. • The $300 million of cash consideration is subject to contractual p