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Announced

Completed

A91 Partners completed a $30m funding in Kaar Technologies.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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India

Acquisition

Domestic

Private

Completed

Single Bidder

software consultancy

Management Consulting

Minority

Private Equity

Friendly

Synopsis

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A91 Partners, a VC fund, completed a $30m funding in Kaar Technologies, an SAP digital transformation consulting partner. "This association with A91 will bolster our ability to expand geographically and augment our services portfolio in-organically. In doing so, we aspire to be the partner of choice for customers looking for Digital Transformation journeys in SAP, Cloud ecosystem customer experience, Process Automation and Data Analytics blended with KaarTech’s core competence in Logistics, Supply Chain, Financial and Human Capital Management, " Maran Nagarajan, KaarTech Co-Founder and CEO.

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