KKR Reportedly Seals $1.3 Billion Deal For Majority Stake In XCL Education - KKR (NYSE:KKR), TPG (NASDAQ:TPG)
Benzinga·2026-02-23 18:16KKR & Co. (NYSE:KKR) is poised to acquire a controlling stake in XCL Education Holdings under a transaction that assigns the Singapore-headquartered firm an enterprise value of approximately $1.3 billion, Bloomberg reported.The stake is being sold by TPG Inc. (NASDAQ:TPG) , with KKR prevailing over other bidders in a competitive process, according to the Bloomberg report, which cited people familiar with the deal it didn’t identify. Financial terms beyond the overall valuation — including the exact size of ...