KKR injects additional capital in UAE-based Joulon to back acquisitions

Global private equity firm KKR has injected an undisclosed sum of additional investment in Joulon, an asset management firm based in Dubai. The fresh capital – which comes from multiple funds managed or advised by KKR – will be used to support Joulon’s ongoing acquisition activity, the firm said in a statement.

Joulon has recently closed its acquisition of Harris Pye Engineering Group Limited (Harris Pye), a provider of engineering and project management services to the marine, offshore and industrial sectors. This is a move expected to strengthen Joulon’s Project Management and Execution segment.

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