Deal Roundup: KKR-backed OneStream said to eye $4.38bn IPO valuation, Blackstone buys into Madison Dearborn’s Air Control Concepts

KKR-backed OneStream Software is eyeing a $4.38bn valuation from its US IPO, after pricing shares at between $17 and $19 each. That valuation is south of the $6bn figure from 2021, when it picked up capital from investors including Tiger Global and D1 Capital Partners. KKR bought into the corporate performance management software provider in …