Simpson Thacher is representing KKR & Co. L.P. in the announced sale of its 49% stake in Scout24 Schweiz AG (“Scout24”) to Swiss Mobiliar. Closing of the transaction is subject to regulatory approvals and other necessary closing procedures.

Scout24 is a network of online marketplaces for motor vehicles, real estate and general classifieds. Swiss Mobiliar is Switzerland’s oldest private insurance company.

The Simpson Thacher team includes Alvaro Membrillera (Corporate).