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New Deal


Announced

Completed

KKR completed the acquisition of Ness Digital Engineering from The Rohatyn Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

digital services

Private

Majority

Private Equity

Friendly

Acquisition

Digital Services

United States

Domestic

Completed

Synopsis

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KKR completed the acquisition of Ness Digital Engineering, a full-lifecycle digital services transformation company, from The Rohatyn Group, a private equity firm. Financial terms are not disclosed. “Digital transformation and adoption is a critical strategy for businesses of all sizes worldwide. Against this backdrop, KKR believes that Ness is well-positioned for growth, supported by its exceptional, experience-led product engineering heritage. KKR is pleased to invest in Ness’ capabilities and looks forward to working alongside its talented team to further scale Ness’ digital-first platform, achieve its global ambitions, and better enable its customers to compete in the digital economy," Gaurav Trehan, KKR Partner and CEO.

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