Final Bids For Capital Safety May Be $1.1B

Final offers from buyout firms Kohlberg Kravis Roberts & Co. and Cinven for Arle Capital Partners-owned Capital Safety are likely to value the company at around $1.1 billion.

Final offers from buyout firms Kohlberg Kravis Roberts & Co. (KKR) and Cinven for Arle Capital Partners-owned Capital Safety are likely to value the company at around $1.1 billion, Bloomberg reports. EQT Partners is understood to have also shown interest in Capital Safety which makes protective equipment for the oil, gas and construction sectors.

Private equity firm Arle Capital, formerly a part of Candover Investments, runs more than $2.69 billion of investments at present. KKR is a global investment firm with deep roots in private equity and Cinven is a leading European buyout firm.

Click here for the story from Bloomberg.