KKR Funds Acquire mdf commerce in C$255 Million All-Cash Deal

KKR to Acquire EDF Power Solutions Operations in the United States and Canada for $4.2B

June 26, 2026

Infrastructure

EDF signed an agreement under which KKR will acquire the operations and assets of EDF Power Solutions in the United States and Canada. The deal values the business at approximately $4.2 billion, with potential additional earnout payments of up to $390 million, and is expected to close in the second half of 2026 subject to regulatory approvals.

mdf commerce Acquires EcoInteractive from Alpine Software Group

July 9, 2024

Cloud & SaaS

mdf commerce inc. has acquired EcoInteractive, a cloud-based SaaS provider for transportation, environmental and local government agencies, from Alpine Software Group. The deal expands mdf commerce's GovTech product suite and integrates EcoInteractive's ProjectTracker platform and customer relationships across more than 25 U.S. states.

RKD Group Acquires Milwaukee Direct Marketing (MDM Fundraising)

April 30, 2024

Marketing & Advertising

RKD Group has acquired Milwaukee Direct Marketing, Inc., dba MDM Fundraising, a Brookfield, Wisconsin-based Christian fundraising and direct-response marketing agency. The acquisition, which closed April 30, 2024, expands RKD's faith-based fundraising capabilities and positions the combined organization as a leading fundraising solution provider for missions across North America.

KKR Acquires Merchants Mortgage Trust & Corporation

January 19, 2022

Financial Services

KKR has acquired Merchants Mortgage Trust & Corporation (MMTC), a Denver-area real estate lending platform that originates short-term residential bridge loans for individual investors. KKR's investment, made through its private credit funds as part of its Asset-Based Finance strategy, provides MMTC with long-term capital to expand origination, product offerings, geographic footprint and financing capabilities.

mdf commerce Acquires Periscope Holdings

August 11, 2021

Cloud & SaaS

mdf commerce inc. has signed a definitive agreement to acquire Periscope Holdings, Inc. from Parthenon Capital Partners in a transaction valuing Periscope at $207.3 million, expected to close in Q3 2021. The deal combines mdf commerce's SaaS commerce platforms with Periscope's U.S. public-sector eProcurement offerings to create a North American eProcurement leader; Parthenon will remain a shareholder in the combined entity.

Cadillac Fairview Acquires 50% Stake in KDC

July 13, 2021

Real Estate

Cadillac Fairview has acquired a 50% interest in KDC, joining KDC management and long-standing partner Compatriot Capital in a newly formed U.S. commercial office and mixed-use investment platform. The partners also closed an initial $800 million fund to support development and acquisition of Class A office and mixed-use projects across the United States.