The yet-unnamed investment platform will be headed by Deepak Munganahalli, who previously served as a senior vice president with Transocean, most recently overseeing “innovation and transformation” at the deep-water driller.
"Our goal is to become an integrated solutions provider for engineering, maintenance, repair and overhaul services for asset owners and operators in the oil and gas industry,” Munganahalli said. “Together with KKR and its deep industry and investment expertise, we look forward to providing a differentiated set of capabilities to the industry."
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