KKR Partners with Former Halma CEO Andrew Williams to Pursue Investments in the Industrials Sector and in the UK
December 04 2024 - 2:30AM
Business Wire
KKR, a leading global investment firm, today announced it is
partnering with Andrew Williams, former long time CEO at Halma plc
(“Halma”), to pursue new acquisition opportunities in the
Industrials sector and more broadly across leading UK businesses.
Andrew will assume the role of Executive Advisor to KKR.
Once a company has been acquired, KKR and Andrew will work
together to support breakthrough operating performance and growth.
KKR expects to support acquired businesses in implementing the
broad-based employee ownership and engagement model that it has
developed since 2011.
“We have long admired Andrew’s extraordinary success in building
Halma’s consistent track record of profitable growth and are
delighted to be teaming up with such a seasoned executive. Andrew
closely shares our values of partnership and commitment to helping
make good companies great,” said Mattia Caprioli and Philipp
Freise, Partners and Co-Heads of European Private Equity at
KKR.
“I am delighted to be partnering with KKR to find and make
investments in world class companies and contributing my experience
and capabilities to drive long term value creation. I have
discovered that KKR is great fit for me, as we share a similar
philosophy on growing businesses and particularly the importance of
building the right culture and attracting, developing and rewarding
exceptional talent at all levels,” said Andrew Williams.
Andrew has two decades of experience leading and overseeing high
quality industrial companies, most recently serving as CEO of Halma
from February 2005 through March 2023. Over the course of 18 years
leading Halma, he completed over 100 transactions, and managed a
global portfolio of around 50 leading high quality manufacturing
businesses operating across safety, health and environmental
end-markets. He established Halma’s Sustainable Growth Model, and
evolved the company’s high performance and inclusive culture to
deliver a sustained track record of resilient growth and
outstanding shareholder return over more than twenty years.
“We see tremendous opportunities in the industrials sector and
in the UK more broadly. We believe our partnership with Andrew
offers a differentiated value proposition to a wide range of
businesses seeking to unlock accelerated growth,” said Chris
Drewsen, Director and leader of the Industrials investment group
for KKR’s European Private Equity business.
KKR has been investing in the UK for 25 years and in April 2023
closed its European Fund VI, an $8 billion fund that invests in the
growth of leading businesses by providing access to KKR’s extensive
network and business building resources. KKR is also a founding
partner of the cross-sector initiative Ownership Works, a nonprofit
on a mission to increase prosperity by developing and implementing
broad-based employee ownership programs.
About KKR KKR is a leading global investment firm that
offers alternative asset management as well as capital markets and
insurance solutions. KKR aims to generate attractive investment
returns by following a patient and disciplined investment approach,
employing world-class people, and supporting growth in its
portfolio companies and communities. KKR sponsors investment funds
that invest in private equity, credit and real assets and has
strategic partners that manage hedge funds. KKR’s insurance
subsidiaries offer retirement, life and reinsurance products under
the management of Global Atlantic Financial Group. References to
KKR’s investments may include the activities of its sponsored funds
and insurance subsidiaries. For additional information about KKR
& Co. Inc. (NYSE: KKR), please visit KKR’s website at
www.kkr.com. For additional information about Global Atlantic
Financial Group, please visit Global Atlantic Financial Group’s
website at www.globalatlantic.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241203963265/en/
Media Contact: Miles Radcliffe-Trenner
kkrpr-uk@kkr.com
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