Crowe accelerates long-term growth trajectory with investment from KKR

The investment will help accelerate Crowes growth strategy, supporting expansion across its service lines while strengthening its reputation for quality and client service.

KKR’s investment reflects its confidence in Crowe’s business, leadership team, and long-term growth opportunities. The funding will support continued investments in talent, technology and innovation, helping the firm strengthen its capabilities and client services.

At the same time, Crowe will continue to focus on its long-standing culture, core values, and commitment to delivering high-quality results for clients.

Crowe is one of the largest accounting and consulting firms in the United States, serving as a trusted advisor to businesses through long-standing client relationships. The firm provides audit, tax, advisory, and consulting services to both public and private companies, with deep expertise in industries such as financial services, manufacturing, healthcare, and technology.

As part of the investment, Crowe will reorganize its business structure before the deal closes. Once completed, the newly created Crowe Advisory LLC will provide tax, advisory, and other non-audit services. Crowe LLP will remain a licensed CPA firm and continue to provide audit, review, and other attest services.

This new structure is designed to support Crowes future growth while maintaining compliance with regulations governing audit services. Both Crowe Advisory LLC and Crowe LLP will continue to serve client's globally as members of the Crowe Global network.

The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions and regulatory approvals.

Harris Williams is serving as Crowe’s financial advisor, while Hunton Andrews Kurth LLP and Mayer Brown LLP are providing legal advice. William Blair is acting as financial advisor to KKR, and Kirkland & Ellis LLP is serving as its legal advisor.

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"At its core, this strategic partnership is about staying ahead of what our clients need and making sure we're equipped to deliver," said Crowe CEO Steven Strammello. "We have a strong strategy and real momentum, and this investment helps us take the next step. With KKR's support, we will invest even more deeply in our people, our capabilities, and the quality we're known for. We've built something special at Crowe over the past 80 years, and our culture and values will continue to define how we move forward."

"Crowe's distinct culture and outstanding talent have enabled it to build trusted client relationships and a reputation as an advisor of choice. We are excited to partner with the Crowe team to support its continued growth and investment in next-generation client capabilities, while staying true to its core values, independence, and client service," said Chris Harrington, Partner at KKR.

About Crowe

Crowe LLP is a public accounting and consulting firm that provides audit, tax, advisory, and consulting services to both public and private organizations. The firm is known for its industry expertise and has been recognized as one of the best places to work in the United States. As an independent member of the Crowe Global network, Crowe serves clients around the world. Crowe Global includes more than 200 independent accounting and advisory firms operating in over 130 countries.

About KKR

Founded by Henry R. Kravis and George Roberts, KKR is a global investment firm that provides alternative asset management, capital markets and insurance solutions. The firm invests across private equity, credit, and real assets, focusing on long term value creation, and growth. KKR seeks to deliver strong investment returns through a disciplined approach, experienced professionals and support for its portfolio companies. Its insurance businesses, managed through Global Atlantic Financial Group, offer retirement, life insurance and reinsurance products.

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