KKR Launches Equipment Finance Platform Akrapoint Commercial Capital
KKR, a global investment firm, launched Akrapoint Commercial Capital, a mid-ticket equipment finance company established by a team of experienced industry professionals and KKR. Investment funds managed by KKR will commit $350 million, via KKR’s asset-based finance strategy, to support the launch. Akrapoint combines stable, long-term capital with decades of experience in equipment finance. It will focus on financing vocational assets, specialty trailers and industrial equipment for small and middle-market businesses across a broad range of U.S. industries, including manufacturing, energy and power, sanitation and...
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