Hg to acquire Dext from Kennet Partners.

Hg Capital agreed to acquire Dext, a digital, multi-product platform for accountants and bookkeepers, from Kennet Partners, a digital, multi-product platform for accountants and bookkeepers. Financial terms were not disclosed. “As the first institutional investors in Dext back in 2016, we saw the potential and opportunity to build a market leading position in the bookkeeping automation category. Dext’s capital efficiency, business model, strong foundations and ethos is exactly in line with Kennet’s investment strategy. We wish Adrian and the team the best of luck on the next stage of what will continue to be a great journey,” Hillel Zidel, Kennet Partners Managing Director.