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KKR Invests in MasterD to Enhance Vocational Training in Spain
Tuesday 04 August 2020

UK-based investment firm KKR has agreed to acquire a majority stake in Spain-based vocational training company MasterD, the company said.

Financial details were not disclosed.

The investment in MasterD is the second acquisition in Europe by the KKR Global Impact fund. KKR's Global Impact strategy is focussed on investing in companies that contribute toward the United Nations Sustainable Development Goals

MasterD helps narrow the skills gap in Spain, promotes equal and affordable access to education by offering flexible financing options to its students, and increases the probability of employment.

KKR has invested over USD 5bn in Spain since 2010 across private equity, infrastructure and other asset classes, with investments including Alvic Group, PortAventura, Telxius and X-Elio.

MasterD is a training company that combines all teaching methodologies (distance-online-in-person) with developing and creating their own technology solutions.

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds.
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Date Published: 04/08/2020

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