Announced
Completed
Financials
Tags
software
Acquisition
Private Equity
Friendly
Cross Border
Software
Private
Single Bidder
Netherlands
Completed
childcare services
Majority
Synopsis
Five Arrows, a private equity fund, completed the acquisition of KidsKonnect, a childcare software provider, from BB Capital, a private equity firm. Financial terms were not disclosed. "We are very proud of what the KidsKonnect team has achieved in a relatively short time. In particular, the company's ability to innovate and integrate multiple platforms into its existing software solution has enabled KidsKonnect to increasingly guide the development of children aged 0-12. In this way, parents gain insight into the continuous learning path of their children. We are grateful for a great collaboration and delighted that with Five Arrows Growth Capital we have found the right place for the next chapter of KidsKonnect," Susan van Koeveringe, BB Capital Managing Partner.
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