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KKR, TowerBrook Capital to acquire minority stake in European cloud infrastructure provider

KKR & Co.LP and TowerBrookCapital Partners LP will acquire a minority stake in OVH, a cloudinfrastructure, telecommunications and web hosting services provider in Europe,for €250 million of growth capital.

OVH founder Octave Klaba's family will retain the majoritystake in the company and will continue to lead the company along with OVHmanagement.

BNP Paribas Corporate Finance acted as financial adviser toOVH in connection with the deal, and Linklaters LLP served as its legaladviser.

Laurent Allard is the CEO of OVH.