Latham & Watkins Advises on Financing for Clarience Technologies’ Acquisition of Safe Fleet

KKR, a leading global investment firm, has announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet. Clarience Technologies, a Genstar Capital portfolio company, is a global provider of visibility and safety technology solutions for the transportation industry, while Safe Fleet manufactures safety solutions for fleet vehicles. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left Lead Arranger and Joint Bookrunner on the transaction.

Latham & Watkins LLP represented KKR and the other private credit lenders in the financing with a team led by partners Stelios Saffos, Alfred Xue, Conray Tseng, and Peter Sluka, with counsel Kelly Egers and associates Gloria Torres Zavaleta and Sharon Yin.