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Kohlberg Kravis Roberts may sound familiar to Texomans. Just weeks ago, KKR made headlines south of the Red River when they acquired TXU.
Last month, Kohlberg Kravis Roberts cut a deal to purchase TXU for $45 billion. Today, they are targeting Dollar General.
But if you look at the history of the company, this is their business at its best.
"KKR has a long history; we're looking forward to working with them. They invest in companies and make them better."
Since 1976, founders Henry Kravis and George Roberts have made more than 145 transactions. Before TXU and Dollar General, there was Nielsen, Sealy, and Toys-R-Us.
By September of 2006, KKR investments were valued at $70 billion.
"Our board members believe it's a great fit for our shareholders, employees, and customers."
As far as what KKR has in store for Dollar General, officials say it is too early to tell at this point.