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Blackrock, Inc. To Acquire Private Debt Manager Kreos Capital

PRIVATEJun 08, 2023

Acquiring Company

BlackRock

Acquired Company

Kreos Capital

New YorkFinanceFintechHealth CareVenture Capital

Description

BlackRock Inc. (NYSE: BLK) and Kreos Capital (“Kreos”) today announced a definitive agreement under which BlackRock will acquire full control of Kreos, a leading provider of growth and venture debt financing to companies in the technology and healthcare industries.

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Company Information

Company

BlackRock

Location

50 Hudson Yards

New York, New York, United States

About

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate

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Frequently asked

Who acquired Kreos Capital?

Kreos Capital was acquired by BlackRock, based in New York. The deal was reported on June 8, 2023. BlackRock’s purpose is to help more and more people experience financial well-being. BlackRock is privately held and operates in Finance.

When did BlackRock acquire Kreos Capital?

BlackRock's acquisition of Kreos Capital was reported on June 8, 2023. BlackRock Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Kreos Capital do?

Kreos Capital is the leading venture and growth debt provider in Europe and Israel, backing high-growth companies through every stage of their lifecycle. It is privately held, operating in Health Care.

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