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New Deal


Announced

Completed

Karat completed the acquisition of adaptive assessment technology of Triplebyte.

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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Single Bidder

Private

Assessment Technology

Majority

Domestic

Friendly

Outsourced HR and Staffing

Completed

Acquisition

United States

Synopsis

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Karat, a technical interview platform, completed the acquisition of adaptive assessment technology of Triplebyte, a recruiting and technical screening platform for tech companies. Financial terms were not disclosed. “Karat is the only technical hiring solution that takes candidates seamlessly from job application to job offer. With more high-quality tech talent on the market than ever before, now is the time for companies to invest in hiring software engineers – and it starts by strengthening your interview process and candidate experience,” Mohit Bhende, Karat Co-Founder and CEO.

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