Simpson Thacher Represents KKR in Formation of Joint Venture with Former Chairman and CEO of Kaplan, Inc.
01.27.10
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The Firm is representing Kohlberg Kravis Roberts & Co. in connection with its investment in a new joint venture with Jonathan Grayer, the former Chairman and CEO of Kaplan, Inc., to be called Weld North LLC. With a view toward creating opportunities for long-term growth, Weld North will identify acquisition opportunities and strategically invest in and operate a variety of businesses in the consumer services, education, media, personal services and marketing sectors, among others.
The Simpson Thacher team includes: Gary Horowitz, Tom Lamprecht (M&A), Alvin Brown (Executive Compensation and Employee Benefits), Steve Todrys and Jenifer Marsh (Tax).