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KKR Asset Management lands maiden Italy deal

The buyout giant’s special situations arm has invested in a company owned by Motion Equity Partners

KKR Asset Management, the special situations team of global buyout firm Kohlberg Kravis Roberts, has struck its first Italian deal, taking a minority equity stake and debt position in vending machine operator Argenta.

Argenta's existing owner, Motion Equity Partners, has agreed to take on €100 million in financing from KAM, with the latter taking a junior debt position and equity stake in the company.

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