Altegrity expects to get new debt financing for purchase of Kroll

By Sara Rosenberg

New York, June 7 - Altegrity Inc. is planning new debt financing to help fund its acquisition of Kroll Inc., according to a news release.

Goldman Sachs and Apollo Investment Corp. are providing the debt.

Under the agreement, Altegrity is buying Kroll from Marsh & McLennan Cos. Inc. in an all-cash transaction valued at $1.13 billion.

Closing on the transaction is expected by late September, subject to regulatory approvals and other customary conditions.

Altegrity, a Providence Equity Partners portfolio company, is a Falls Church, Va.-based screening and security services company. Kroll is a New York-based risk consulting company.

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