Orchestra executed a comprehensive value creation strategy following its acquisition in 2022. Their strategy focused on optimising the store network, restructuring the supply chain, accelerating digital transformation, and introducing a franchise-led growth model. These initiatives delivered strong financial results. KFC Korea recorded revenue growth at a compound annual rate of 23%, while EBITDA increased 3.2x during the holding period. Average daily sales rose by 55%, reflecting improved operational efficiency and customer engagement. The deal highlights Carlyle's continued focus on consumer platforms with strong brand recognition and expansion potential, particularly in markets where operational expertise can unlock further growth. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....

The investment, structured via convertible bonds, will see KKR take an active role in supporting Samsung SDS' next phase of development, including advising on M&A, capital allocation, and global expansion strategies. The company plans to deploy the capital to strengthen its infrastructure and expand its capabilities in end-to-end AI transformation services, as demand for cloud, data, and automation solutions continues to rise across industries. Chung Ho Park, Partner and Head of Korea at KKR, said, 'We look forward to leveraging KKR's global network, deep local experience, and operational expertise to take the company to its next stage of transformation as hands-on, active investors to drive long-term value creation for all shareholders and stakeholders.' The investment is being made primarily through KKR's Asia Fund IV and builds on the firm's track record in Korea and global IT services, including investments in companies such as FUJI SOFT, DATAGROUP, and Ensono. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....

The investment will support iBase-t's expansion and accelerate product development, particularly in artificial intelligence capabilities embedded within its digital manufacturing and maintenance platforms. 'This partnership with TA marks an important milestone for iBase-t,' said Naveen Poonian, CEO of iBase-t. 'With TA's support, we will accelerate innovation, significantly expand our AI capabilities, and further embed intelligent automation across workflows to help customers meet the next generation of digital manufacturing and compliance requirements.' iBase-t provides cloud-based software solutions that integrate manufacturing execution, supplier quality management, enterprise quality management, and maintenance, repair and overhaul (MRO) functions into a unified system. TA highlighted strong structural demand for digital transformation across the sector, as manufacturers seek to scale production, manage supply chain complexity, and integrate AI into mission-critical workflows. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....

Enterprise resource planning (ERP) systems are often described as a company's 'central brain' because the software connects different departments ' including finance, HR, and inventory ' into a single database where everyone shares the same information. In recent years, a new crop of AI-powered ERP startups, such as Rillet and Campfire, has emerged hoping to replace legacy offerings like NetSuite. These companies claim that traditional ERPs are clunky, expensive, and time-consuming to implement. However, according to Doss co-founder and CEO Wiley Jones, many new AI ERPs lack robust inventory management, the process of ensuring that the data on physical goods remains synced with the accounting ledger. On Tuesday, Doss announced that it raised a $55 million Series B co-led by Madrona and Premji Invest, with participation from Intuit Ventures. Other new and existing inventors in the round include Theory Ventures, General Catalyst, Contrary Capital, and Greyhound Capital. Doss, founded in 2022, originally focused on a core accounting product similar to those offered by AI-native startups like Rillet and Campfire. But last year, the startup decided instead of competing with these companies, 'we would rather partner with them, and play a different game,' Jones told TechCrunch....