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New Deal


Announced

Kin and Carta to acquire Cascade Data Labs for $30m.

Financials

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Transaction Value£22m
Consideration TypeContingent Deferred Consideration, Cash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales5.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Information / Data Services

Pending

United States

Acquisition

Friendly

Cross Border

data transformation consultancy

Majority

Single Bidder

Private

Synopsis

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Kin and Carta, a global digital transformation business, agreed to acquire Cascade Data Labs, a Portland, Oregon-based data transformation consultancy, for $30m. "The acquisition of Cascade Data Labs will supercharge our existing data transformation capabilities, while expanding our US presence further westward. An enhanced data offering will appeal to both existing and new clients. I look forward to providing further details about our progress in this high growth area of the digital transformation industry," J Schwan, Kin and Carta CEO.

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