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Announced

Completed

General Atlantic completed the acquisition of a 15% stake in Kahoot from Softbank.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For15%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

Cross Border

Minority

Private

Friendly

Single Bidder

Software

Norway

learning platform

Private Equity

Synopsis

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General Atlantic, an investment company, completed the acquisition of a 15% stake in Kahoot, an edtech company, from Softbank, a private equity fund. Financial terms were not disclosed. “We are very grateful to SoftBank for their partnership over the past two years. As Kahoot! continues to pursue its mission to improve lifelong learning by building a leading global learning and engagement platform, we are thrilled to add a partner of General Atlantic’s caliber. The team at GA brings deep experience in scaling global education technology and software businesses and positioning market leaders for long-term success, and we look forward to our next phase of momentum in empowering the learning ecosystem around the world,” Eilert Hanoa, Kahoot CEO.

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