KKR, Samsung SDS form strategic partnership

KKR (KKR) and Samsung SDS “announced a strategic partnership to support Samsung SDS’ next phase of growth and long-term value creation. Under the strategic partnership, KKR, through funds managed by KKR, and Samsung SDS will closely collaborate on a range of value creation initiatives for the Company, including supporting organic and inorganic growth strategies, accelerating the Company’s expansion as a full-stack AI solutions provider, and expanding into new business areas. KKR will also serve in an active advisory capacity to Samsung SDS’ management team, particularly in areas including M&A, capital allocation, and supporting the Company’s efforts to pursue strategic growth opportunities globally.”