Paul Hastings Advises KKR in Strategic Partnership With Samsung SDS

Paul Hastings LLP is advising KKR (NYSE: KKR) in its strategic partnership with Samsung SDS (KOSE: A018260). Under the strategic partnership, announced on April 15, KKR and Samsung SDS will closely collaborate on a range of value creation initiatives for Samsung SDS, including supporting organic and inorganic growth strategies, accelerating Samsung SDS’ 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 Samsung SDS’ efforts to pursue strategic growth opportunities globally.

In connection with the strategic partnership, funds managed by KKR have entered into definitive agreements to acquire KRW1.22 trillion (US$820 million) of convertible bonds to be newly issued by Samsung SDS. The transaction is expected to close during the second quarter of 2026, subject to customary closing conditions.

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions.

Samsung SDS is a leading provider of enterprise IT solutions, delivering a comprehensive suite of services spanning cloud, digital transformation, artificial intelligence and logistics to a global customer base across industries. As a core strategic priority, Samsung SDS continues to expand its AI transformation (AX) business through sustained investments in AI infrastructure, platforms and capabilities.

Corporate partners Dong Chul Kim, Iksoo Kim and Joongwon Park led the Paul Hastings team, which also included partners Josh Ratner and Lindsay Sparks, of counsel Daniel Miles, associate Ian Chang and corporate attorney Hee Jin Woo.

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