05:09 AM EST, 02/18/2025 (MT Newswires) -- KKR (KKR) KKR said Monday that funds it manages have acquired a stake in Employment Hero from SEEK Investments, manager of the SEEK Growth Fund, which continues to retain a stake in Employment Hero.

Financial terms were not disclosed.

Australia's Employment Hero provides human resources management tools to more than 300,000 small and medium-sized organizations worldwide, KKR said.

The deal is expected to close in Q1, KKR said.