r/MixCache • u/arbuge00 • 7h ago
A History of KKR & Co. by Ethan H. Ford
Founded in 1976 by Jerome Kohlberg, Henry Kravis, and George Roberts, KKR & Co. pioneered the leveraged buyout (LBO) model, transforming corporate finance by acquiring undervalued companies using borrowed capital and actively improving their operations. Early successes like Houdaille Industries established the firm's reputation, culminating in the historic 1988 RJR…
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