Last year KKR opened an office in Frankfurt. Its European boss is Johannes Huth, a German. Since it entered the country in 1999 it has spent $5bn on buying more than 20 German companies, including Arago, a maker of artificial-intelligence software, Hensoldt, a defence-electronics business, and gfk, a research firm.
Johannes Huth, Member and Head of KKR EMEA, and Stanislas de Joussineau, Director at KKR, said: “Our successful collaboration with Olivier and Frederic has turned Webhelp into a true European champion. The support we have provided to Webhelp builds on our track record in helping founder-led businesses realise their growth ambitions, and helping French companies expand internationally. We believe the company is strongly positioned for future growth and we wish Webhelp and GBL every continued success."