Newbold Partners advises Parthenon on its acquisition of a majority of KBRA

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​Transaction Overview

• Parthenon Capital acquired a majority of KBRA on December 10, 2021
• Parthenon will support KBRA in the continued expansion of its ratings, data and analytics businesses

About KBRA

• KBRA is a full-service global rating agency providing industry leading ratings and research
• KBRA has issued 51,000+ ratings covering nearly $3 trillion in rated issuance since it was founded in 2010
• Today KBRA has more than 400 employees across 5 offices in the US and Europe

About Parthenon Capital

• Parthenon is a leading growth-oriented private equity firm with offices in Boston, San Francisco, and Austin
• Parthenon utilizes focused industry expertise to invest in growth companies in the service and technology industries with extensive expertise in healthcare, financial & insurance services, and technology

Newbold Partners’ Role

• Partnered with Parthenon to assist in developing its sector thesis and identifying KBRA as an investment opportunity
• Provided extensive transaction support to close transaction on an accelerated pace of 15 weeks after initial discussions
• Newbold Capital Partners was an investor in the transaction

Please see the press release and suggested articles if you would like to learn more about this transaction.

About Newbold Partners​
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Newbold Partners is an independent investment advisory firm specializing in providing M&A and capital raising advice to Financial Technology companies. We are a start-up like much of the FinTech industry we specialize supporting, yet made up of experienced advisors having executed more than $60 billion in transaction value over the last 25 years. Combining deep FinTech industry expertise with a track-record of delivering thoughtful and insightful advice, Newbold Partners provides informed and customized solutions that meet clients’ unique needs and achieve value maximizing outcomes.