Private Equity

KKR buys majority stake in FGS Global from WPP in $1.7bn deal

The acquisition comes after KKR made an initial minority investment in July 2023

Roland Rudd, global co-chair of FGS, said that KKR is backing FGS to become ‘the undisputed global leader in our sector’
Roland Rudd, global co-chair of FGS, said that KKR is backing FGS to become ‘the undisputed global leader in our sector’ Photo: Simon Dawson/Getty Images

KKR has acquired WPP’s full equity position in the communications and public affairs consultancy FGS Global.

The deal values FGS at $1.7bn and follows KKR’s initial minority investment for a 29% stake in July 2023.

WSJ Logo