KKR is investing $400 million in a tailored solution for OMS Group, a telecom infrastructure company and provider of subsea cable services.
KKR is the parent company of OMS Group, which provides mission-critical services to a variety of clients, such as major subsea equipment providers, large-scale cloud service providers and telecom companies. OMS Group is one of the largest independent operators in this sector, with a diverse fleet including cable ships and cable barges, as well as cable landing stations serving the global telecommunications market. KKR said its investment will help OMS Group expand its fleet size and capabilities and invest in cable landing stations and subsea cable routes.
KKR is making this investment primarily from its Asia infrastructure strategy, underlining its conviction in the role digitalization plays in the region’s burgeoning internet economy.
“OMS Group has established itself as a market leader with a long-standing track recor