KKR acquires Ness Digital Engineering for over $500 million

U.S. private equity firm KKR & Co. said on Thursday it signed a definitive agreement to buy 100 percent stake in Ness Digital Engineering, a digital services transformation company, from The Rohatyn Group.

Although both the companies did not reveal the value terms of the transaction, KKR has agreed to pay over $500 million to buyout Ness, according to people familiar with the matter.