05:11 PM EDT, 07/24/2024 (MT Newswires) -- KKR (KKR) said late Wednesday it acquired fire equipment inspection, testing and maintenance services provider Marmic Fire & Safety from HGGC.

Financial terms of the deal weren't disclosed.

KKR said that Marmic will be maintained as an independent company and that it will support the business in implementing a broad-based employee ownership program.

Shares of KKR were up nearly 1% in after-hours trading.

Price: 116.76, Change: +1.03, Percent Change: +0.89