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Announced

Completed

Kahoot completed the acquisition of Clever for $435m.

Financials

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Transaction Value£359m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Majority

United States

Online and Social Platforms

Single Bidder

Cross Border

software provider

Private

Completed

Private Equity

Synopsis

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Kahoot, a learning platform, completed the acquisition of Clever, a learning software provider, for $435m. "Clever and Kahoot! are two purpose-led organizations that are equally passionate about education and unleashing the potential within every learner. Through this acquisition we see considerable potential to collaborate on education innovation to better service all our users - schools, teachers, students, parents and lifelong learners - and leveraging our global scale to offer Clever's unique platform worldwide. I'm excited to welcome Tyler and his team to the Kahoot! family," Eilert Hanoa, Kahoot CEO.

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