Sidley Austin LLP advised KKR on the deal.
Ornikar, a specialist in driver training and road awareness since 2013, announced a €100 million ($120 million) round of Series C funding led by global investment firm KKR, which is making the investment primarily through its Next Generation Technology Growth Fund. Existing investors Idinvest, BPI, Elaia, Brighteye and H14 also contributed to Ornikar’s latest fundraise which will enable the company to accelerate its mission of becoming a global leader in road safety.
KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions.
Source: Global Legal Chronicle
By Federica Tiefenthaler
