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New Deal


Announced

Completed

Kenect completed the acquisition of Friendemic.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Majority

Domestic

Completed

Friendly

software

Acquisition

Private

United States

Single Bidder

Synopsis

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Kenect, a software company, completed the acquisition of Friendemic, a provider of online reputation and digital communication software solutions. Financial terms were not disclosed. “Putting Friendemic and Kenect together creates one of the best digital communication platforms on the market. We’re thrilled for how this will advance the capabilities available to our customers and the industry," Steve Pearson, Friendemic CEO.

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