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2 Private Equity Firms May See Little Profit as Jarden Buys Jostens

NEW YORK (The Deal) -- Private equity firms Kohlberg Kravis Roberts (KKR - Get Report) and aPriori Capital Partners may have taken slight losses on their investments in Visant Holding Corp.

Visant, the parent of yearbook maker Jostens, agreed to be acquired by Jarden (JAH - Get Report) on Wednesday for an enterprise value of $1.5 billion from KKR and aPriori.

KKR declined to comment, while aPriori, which was formerly known as DLJ Merchant Banking Partners until it was spun off by Credit Suisse (CS - Get Report) in March 2014, did not respond to a request for comment.

The valuation Jarden said it paid equals...


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