Private Equity

KKR closes £1bn deal with TPG for majority stake in UK’s A-Gas

US buyout giant KKR said it will remain a 'significant' minority shareholder

A-Gas focuses on the supply and lifecycle management of refrigerant gases
A-Gas focuses on the supply and lifecycle management of refrigerant gases Photo: PR

KKR has sold a majority stake in A-Gas to TPG in a deal that values the firm at just over £1bn, according to sources.

A-Gas, a UK-based company that focuses on the supply and lifecycle management of refrigerant gases, has been acquired by TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, TPG Rise.

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