KKR shares private equity profits with employees after company sale

Key facts

• KKR distributed cash bonuses to employees of Integrated Specialty Coverages (ISC).
• Nearly 400 ISC employees received bonuses.
• The bonuses were distributed following the sale of ISC to Onex Partners.
• Bonus amounts were based on employee tenure and salary.
• Bonuses ranged from $10,000 to over $413,000.
• Some employees received bonuses equivalent to up to 30 months of their salary.

Private equity firm KKR has shared profits from a recent company sale with its employees through significant cash bonuses. Nearly 400 employees of Integrated Specialty Coverages (ISC), a company KKR sold to Onex Partners, received these bonuses. The distribution was based on individual employee tenure and salary.