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New Deal


Announced

K1 Investment Management completed a $350m investment in Cyara.

Financials

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Transaction Value£260m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

United States

Completed

automated customer experience

Friendly

Majority

Domestic

Acquisition

Single Bidder

Private Equity

Private

Synopsis

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K1 Investment Management, an investment firm focused on high-growth enterprise software companies, completed a $350m investment in Cyara, a provider of automated customer experience assurance solutions. "Cyara was founded with a vision to improve customer experience, and we’re delighted to have found a partner in K1 that is committed to the same values and wants to accelerate our growth aspirations. Organizations can succeed or fail based on their customer experience. More companies are realizing the business-critical nature of the work we do and we’re excited to have the firepower to grow and continue to attract the best people globally. We’re at the beginning of a very exciting new chapter," Alok Kulkarni, Cyara CEO.

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