PRINT THIS PAGE KKR and DLJ Merchant Banking in $2.2bn deal22/07/2004. Source: AltAssets. 
 DLJ Merchant Banking Partners, the private equity arm of Credit Suisse First Boston, has agreed to combine three of its portfolio companies into one in a $2.2bn deal with Kohlberg Kravis Roberts.
The deal involved the purchase by Kohlberg Kravis Roberts of Von Hoffman, a printing company, and Arcade Marketing, a perfume and fragrance sample maker. In addition, DLJ and Kohlberg will recapitalise Jostens, the manufacturer of yearbooks and class rings, according to the Financial Times.
Kohlberg and DLJ will each own 45 per cent of the combined company, to be renamed Jostens Holdings. The remaining ten per cent will be held by management and other investors. The deal is expected to close in the third quarter of the year.
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