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KKR Exclusive: Completed Acquisition of Varsity Brands from Bain Capital

KKR has successfully completed its acquisition of Varsity Brands from Bain Capital and Charlesbank, marking a strategic expansion into the educational and sports sectors.

Portrait of Henry Kravis and George Roberts of KKR shot at Shangri La Hotel Tokyo. PHOTO: KO SASAKI/FORBES
Portrait of Henry Kravis and George Roberts of KKR shot at Shangri La Hotel Tokyo. PHOTO: KO SASAKI/FORBES

Varsity Brands, a leader in team sports apparel and equipment, serves over 150,000 customers, including schools and recreational programs.

The company is renowned for

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