Simpson Thacher is representing KKR in connection with its definitive agreements with LEAP India (“LEAP”) under which funds managed by KKR will acquire a majority stake in LEAP. KKR is making this investment as part of its Asia infrastructure strategy. The transaction is expected to be completed by Q3 2023, subject to customary pre-closing and closing conditions.~~Founded in 2013 by Sunu Mathew, LEAP is a leading pallet pooling platform in India, providing a wide range of innovative and high-quality supply chain solutions, including equipment pooling, returnable packaging, inventory management and movement, transportation, and repair and maintenance, to a diversified and large customer base across e-commerce, consumer durables, beverages, fast-moving consumer goods and automotive. Today, the Company operates a network of 21 warehouses and more than 3,500 customer locations, and manages more than six million total assets, including pallets and containers, across India for its customers.~~The Simpson Thacher team includes Ian Ho and Nelson Siu Yuen Tai (M&A); Makiko Harunari (Credit); Sarah Lindley, Meredith Jones, Jenna Al-Malawi and Ruoxi Zhang (Tax); and Étienne Renaudeau (Antitrust).