Mayer Brown is representing the board of directors of Crowe LLP (Crowe), a leading public accounting and consulting firm, in connection with an agreement under which funds managed by KKR, a leading global investment firm, will make a significant equity investment in Crowe Advisory LLC, becoming its first institutional capital partner.
KKR’s investment underscores its strong conviction in Crowe’s differentiated platform, team, and long-term growth potential. The investment will accelerate Crowe’s existing business strategy, which is driving momentum across each of its service lines and a continued reputation for quality. It will also facilitate continued investments in talent, technology, and innovation, further enhancing the firm’s capabilities and client service.
In connection with the investment, Crowe will reorganize its structure prior to closing. Upon closing, the newly…