Tag: KKR

Jeffrey Lurie, owner of the Philadelphia Eagles.Sports

Philadelphia Eagles' Sale of Two Minority Ownership Stakes Gets NFL Approval

The NFL has approved Philadelphia Eagles’ owner Jeffrey Lurie’s plan to sell a combined 8 percent of the team to two new investors, writes…

Jeffrey Lurie speaking at a press conference.Sports

Philadelphia Eagles To Sell Two Minority Stakes, Team's Valuation Rises to $8.1 Billion

The Philadelphia Eagles have agreed to sell two minority stakes in the team with deals that value the franchise at over $8.1 billion, writes…

Penn Jersey Packaging warehouse exterior.Real Estate

Penn Jersey Packaging Warehouse in Northeast Philadelphia Among 3 Area Properties Acquired By KKR

Investment giant KKR recently acquired three Philadelphia-area warehouses as part of a larger $377 million acquisition, including the Penn Jersey Packaging warehouse in Northeast…

Insurance

Horsham-Based Penn Mutual Life Sells Philadelphia’s Largest and Oldest Securities Brokerage

Horsham-based Penn Mutual Life Insurance has sold Philadelphia’s largest and oldest securities brokerage Janney Montgomery Scott to the private equity investment firm KKR…

The Bourse building exterior.Real Estate

Philadelphia Developers Purchase Two Old City Buildings in Joint Venture

Lubert-Adler Real Estate Funds and Keystone Development and Investment, two Philadelphia developers, are finalizing a deal to purchase two Old City buildings, writes Paul…

The Home Depot private-equity exitsInvestments

First Quarter Brings Hope for Private-Equity Exits

While the number of private-equity exits is still stunted compared to a couple of years ago, first-quarter activity has shown some hints of…